Investing.com - Now Inc reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Now Inc announced earnings per share of $0.300 on revenue of $577M. Analysts polled by Investing.com anticipated EPS of $0.250 on revenue of $565.48M.
Now Inc shares are down 44% from the beginning of the year, still down 4.85% from its 52 week high of $13.40 set on August 26.
Now Inc follows other major Industrials sector earnings this month
Now Inc's report follows an earnings beat by United Parcel Service on October 25, 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 October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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