Investing.com - Dana reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
Dana announced earnings per share of $0.24 on revenue of $2.54. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $2.54B.
Dana shares are down 4% from the beginning of the year , still down 38.34% from its 52 week high of $25.51 set on Tuesday, January 18, 2022.
Dana follows other major Consumer Discretionary sector earnings this month
Dana's report follows an earnings beat by Tesla on Wednesday, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
McDonald’s had beat expectations on Thursday with third quarter EPS of $2.68 on revenue of $5.87B, compared to forecast for EPS of $2.59 on revenue of $5.72B.
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