U.S. stocks edge higher; solid earnings season continues
Investing.com - Tusimple Holdings reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Tusimple Holdings announced earnings per share of $-0.50 on revenue of $2.65M. Analysts polled by Investing.com EPS of $-0.52 on revenue of $3.5M.
Tusimple Holdings 's are up 10% and is trading at $3.26 , still down 92.56% from its 52 week high of $43.79 set on Friday, November 12, 2021.
Tusimple Holdings follows other major Industrials sector earnings this month
Tusimple Holdings's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar