Investing.com - Ashtead Gro reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ashtead Gro announced earnings per share of $3.78 on revenue of $2.08B. Analysts polled by Investing.com anticipated EPS of $3.52 on revenue of $2.15B.
Ashtead Gro shares are down 39.17% from the beginning of the year , still down 42.81% from its 52 week high of $349.69 set on Thursday, November 11, 2021. They are under-performing the EUR/USD which is down 0% year to date.
Ashtead Gro follows other major Industrials sector earnings this month
Ashtead Gro's report follows an earnings missed by Deere&Company on Friday, August 19, 2022, who reported EPS of $6.16 on revenue of $13B, compared to forecasts EPS of $6.65 on revenue of $12.93B.
Siemens ADR had missed expectations on Thursday, August 11, 2022 with third quarter EPS of $-1.07 on revenue of $18.48B, compared to forecast for EPS of $-0.3269 on revenue of $17.68B.
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