Investing.com - CECO Environmental reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CECO Environmental announced earnings per share of $0.200 on revenue of $108.41M. Analysts polled by Investing.com anticipated EPS of $0.115 on revenue of $94.98M.
CECO Environmental shares are down 28% from the beginning of the year, still down 7.10% from its 52 week high of $12.54 set on October 31.
CECO Environmental follows other major Industrials sector earnings this month
CECO Environmental'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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