Investing.com - Sarcos Tech and Robotics reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sarcos Tech and Robotics announced earnings per share of $-0.12 on revenue of $4.67M. Analysts polled by Investing.com EPS of $-0.10 on revenue of $4.02M.
Sarcos Tech and Robotics 's are down 35% and is trading at $1.74 , still down 83.33% from its 52 week high of $10.50 set on Friday, December 31, 2021.
Sarcos Tech and Robotics follows other major Industrials sector earnings this month
Sarcos Tech and Robotics'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 $2.86 on revenue of $24.4B.
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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