Microvast Holdings earnings beat, Revenue misses in Q3

  • Investing.com
Microvast Holdings earnings beat, Revenue misses in Q3

Investing.com - Microvast Holdings reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Microvast Holdings announced earnings per share of $-0.06 on revenue of $38.62M. Analysts polled by Investing.com anticipated EPS of $-0.16 on revenue of $43.7M.

Microvast Holdings shares are down 53.92% from the beginning of the year and are trading at $2.44 , down-from-52-week-high.

Microvast Holdings follows other major Industrials sector earnings this month

Microvast 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 $24.59B, 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

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