Investing.com - Barnes reported on Friday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Barnes announced earnings per share of $0.49 on revenue of $315.00. Analysts polled by Investing.com anticipated EPS of $0.49 on revenue of $328.89M.
Barnes shares are down 10.54% from the beginning of the year , still down 27.81% from its 52 week high of $48.79 set on Wednesday, January 5, 2022.
Barnes follows other major Industrials sector earnings this month
Barnes's report follows an earnings beat by United Parcel Service on Tuesday, 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 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar