Investing.com - Orbital Infrastructure Group reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Orbital Infrastructure Group announced earnings per share of $-1.220 on revenue of $99.8M. Analysts polled by Investing.com EPS of $-0.070 on revenue of $132.06M.
Orbital Infrastructure Group 's are down 19.03% and is trading at $0.259 , still down 90.87% from its 52 week high of $2.89 set on Monday, December 13, 2021.
Orbital Infrastructure Group shares lost 1.89% to trade at $0.259 in pre-market trade the report.
Orbital Infrastructure Group follows other major Industrials sector earnings this month
Orbital Infrastructure Group'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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