Investing.com - Matthews reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Matthews announced earnings per share of $0.82 on revenue of $457.1M. Analysts polled by Investing.com EPS of $0.75 on revenue of $419.2M.
Matthews 's are down 23% and is trading at $27.91 , still down 28.22% from its 52 week high of $38.88 set on Thursday, November 18, 2021.
Matthews follows other major Industrials sector earnings this month
Matthews's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.84 on revenue of $24.29B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, for EPS of $2.16 on revenue of $8.99B.
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