Investing.com - Core Main reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Core Main announced earnings per share of $0.67 on revenue of $1.86B. Analysts polled by Investing.com anticipated EPS of $0.5044 on revenue of $1.67B.
Core Main shares are down 19.25% from the beginning of the year , still down 24.71% from its 52 week high of $32.54 set on Monday, January 3, 2022.
Core Main shares gained 6.08% in pre-market trade the report.
Core Main follows other major Industrials sector earnings this month
Core Main'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.
COSCO SHIPPING ADR had matched expectations on Tuesday, August 30, 2022 with third quarter EPS of $1.67 on revenue of $15.25B, compared to forecast for EPS of $1.67 on revenue of $15.26B.
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