Investing.com - Tusimple Holdings reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Tusimple Holdings announced earnings per share of $-0.50 on revenue of $2.65M. Analysts polled by Investing.com anticipated EPS of $-0.52 on revenue of $3.5M.
Tusimple Holdings shares are up 10% from the beginning of the year , still down 92.56% from its 52 week high of $43.79 set on Friday, November 12, 2021.
Tusimple Holdings follows other major Industrials sector earnings this month
Tusimple Holdings'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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