Investing.com - Alpha Pro Tech reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Alpha Pro Tech announced earnings per share of $0.040 on revenue of $14.72M. Analysts polled by Investing.com anticipated EPS of $0.320 on revenue of $23.93M.
Alpha Pro Tech shares are up 19.33% from the beginning of the year, still down 51.03% from its 52 week high of $8.29 set on December 28, 2021.
Alpha Pro Tech follows other major Industrials sector earnings this month
Alpha Pro Tech's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $16.95B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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