Investing.com – Sarcos Tech and Robotics reported on Tuesday third quarter that missed analysts’ forecasts and income that topped expectations.
Sarcos Tech and Robotics introduced earnings per share of $-0.12 on income of $4.67M. Analysts polled by Investing.com anticipated EPS of $-0.10 on income of $4.02M.
Sarcos Tech and Robotics shares are down 35% from the start of the yr, nonetheless down 83.33% from its 52 week excessive of $10.50 set on December 31, 2021.
Sarcos Tech and Robotics follows different main Industrials sector earnings this month
Sarcos Tech and Robotics’s report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on income of $24.59B, in comparison with forecasts EPS of $2.86 on income of $24.4B.
Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on income of $8.95B, in comparison with forecast for EPS of $2.16 on income of $8.99B.
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