Investing.com - Astronics reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Astronics announced earnings per share of $-0.15 on revenue of $131M. Analysts polled by Investing.com anticipated EPS of $-0.12 on revenue of $144.74M.
Astronics shares are down 27% from the beginning of the year and are trading at $8.73 , down-from-52-week-high.
Astronics shares lost 7.91% in intra-day trade the report.
Astronics follows other major Industrials sector earnings this month
Astronics'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.
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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar