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Investing.com - QualTek Services reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
QualTek Services announced earnings per share of $-0.130 on revenue of $216.1M. Analysts polled by Investing.com EPS of $-0.020 on revenue of $235.1M.
QualTek Services 's are down 30% and is trading at $1.530 , still down 85.32% from its 52 week high of $10.43 set on Tuesday, February 15, 2022.
QualTek Services follows other major Industrials sector earnings this month
QualTek Services'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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