Investing.com - Shyft Group Inc reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Shyft Group Inc announced earnings per share of $0.49 on revenue of $286.10. Analysts polled by Investing.com EPS of $0.46 on revenue of $289.35M.
Shyft Group Inc 's are down 47.31% and is trading at $22.72 , still down 58.31% from its 52 week high of $54.50 set on Thursday, November 18, 2021.
Shyft Group Inc follows other major Industrials sector earnings this month
Shyft Group Inc's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
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