Investing.com - Astra Space reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Astra Space announced earnings per share of $-0.17 on revenue of $2.78M. Analysts polled by Investing.com anticipated EPS of $-0.20 on revenue of $6.49M.
Astra Space shares are down 48.09% from the beginning of the year, still down 95.73% from its 52 week high of $13.58 set on November 22, 2021.
Astra Space follows other major Industrials sector earnings this month
Astra Space'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.
Honeywell had beat expectations on October 27 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.
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