Investing.com - HNI reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
HNI announced earnings per share of $0.71 on revenue of $598.80. Analysts polled by Investing.com anticipated EPS of $0.65 on revenue of $642.29M.
HNI shares are down 33.22% from the beginning of the year , still down 36.90% from its 52 week high of $44.50 set on Friday, February 18, 2022.
HNI follows other major Industrials sector earnings this month
HNI's report follows an earnings missed by Lockheed Martin on Tuesday, July 19, 2022, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
Union Pacific had beat expectations on Thursday with third quarter EPS of $3.19 on revenue of $6.57B, compared to forecast for EPS of $3.08 on revenue of $6.44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar