Investing.com - Planet Labs PBC reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Planet Labs PBC announced earnings per share of $-0.07 on revenue of $48.45M. Analysts polled by Investing.com anticipated EPS of $-0.135 on revenue of $42.4M.
Planet Labs PBC shares are down 43% from the beginning of the year, still down 55.39% from its 52 week high of $12.15 set on November 22, 2021.
Planet Labs PBC follows other major Industrials sector earnings this month
Planet Labs PBC's report follows an earnings missed by Deere&Company on August 19, who reported EPS of $6.16 on revenue of $13B, compared to forecasts EPS of $6.65 on revenue of $12.93B.
COSCO SHIPPING ADR had matched expectations on August 30 with third quarter EPS of $1.67 on revenue of $15.25B, compared to forecast for EPS of $1.67 on revenue of $15.26B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar