Investing.com - Pioneer Pow reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Pioneer Pow announced earnings per share of $-0.130 on revenue of $6.3M. Analysts polled by Investing.com anticipated EPS of $-0.110 on revenue of $11.27M.
Pioneer Pow shares are down 30% from the beginning of the year , still down 76.09% from its 52 week high of $14.43 set on Thursday, December 9, 2021.
Pioneer Pow follows other major Industrials sector earnings this month
Pioneer Pow's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.84 on revenue of $24.29B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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