Investing.com - Titan reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Titan announced earnings per share of $0.540 on revenue of $289.26M. Analysts polled by Investing.com anticipated EPS of $0.465 on revenue of $544.35M.
Titan shares are up 100% from the beginning of the year , still down 24.58% from its 52 week high of $19.81 set on Wednesday, June 15, 2022.
Titan follows other major Industrials sector earnings this month
Titan'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 $2.86 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 $16.95B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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