Stock market today: Stocks fall as investors rotate out of tech into Jackson Hole
Investing.com - Veritiv Cor reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Veritiv Cor announced earnings per share of $6.86 on revenue of $1.8B. Analysts polled by Investing.com EPS of $4.32 on revenue of $1.67B.
Veritiv Cor 's are down 20% and is trading at $108.80 , still down 32.46% from its 52 week high of $161.10 set on Tuesday, June 7, 2022.
Veritiv Cor follows other major Industrials sector earnings this month
Veritiv Cor'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.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $16.95B, 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