Investing.com - LSI Industries reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
LSI Industries announced earnings per share of $0.220 on revenue of $127.1M. Analysts polled by Investing.com anticipated EPS of $0.110 on revenue of $114.14M.
LSI Industries shares are down 37% from the beginning of the year , still down 2.39% from its 52 week high of $9.61 set on Friday, November 4, 2022.
LSI Industries follows other major Industrials sector earnings this month
LSI Industries's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts 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 $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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