US stock futures edge lower after S&P 500 hits record high; PCE data in focus
Investing.com - Symbotic reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Symbotic announced earnings per share of $-0.100 on revenue of $244.41M. Analysts polled by Investing.com EPS of $-0.048 on revenue of $152.82M.
Symbotic 's are down 0% and is trading at $9.980 , still down 64.96% from its 52 week high of $28.48 set on Tuesday, June 21, 2022.
Symbotic follows other major Industrials sector earnings this month
Symbotic'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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