Investing.com - Rev Group reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Rev Group announced earnings per share of $0.24 on revenue of $594.8M. Analysts polled by Investing.com anticipated EPS of $0.2226 on revenue of $592.65M.
Rev Group shares are down 20.47% from the beginning of the year , still down 40.44% from its 52 week high of $18.35 set on Monday, September 27, 2021. They are under-performing the EUR/USD which is down 0% year to date.
Rev Group shares gained 5.22% in pre-market trade the report.
Rev Group follows other major Industrials sector earnings this month
Rev Group'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.
Siemens ADR had missed expectations on Thursday, August 11, 2022 with third quarter EPS of $-1.07 on revenue of $18.48B, compared to forecast for EPS of $-0.3269 on revenue of $17.68B.
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