Investing.com - Lear reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Lear announced earnings per share of $2.33 on revenue of $5.2B. Analysts polled by Investing.com EPS of $2.19 on revenue of $5.17B.
Lear 's are down 45.38% and is trading at $138.71 , still down 29.02% from its 52 week high of $195.43 set on Wednesday, January 5, 2022.
Lear follows other major Consumer Discretionary sector earnings this month
Lear's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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