Investing.com - Tata Motors (NYSE:TTM) ADR reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Tata Motors ADR announced earnings per share of -11.6 on revenue of 613.8B. Analysts polled by Investing.com anticipated EPS of -0.1374 on revenue of 7.87B.
Tata Motors ADR shares are up 150.63% from the beginning of the year, still down 8.54% from its 52 week high of 34.53 set on October 15. They are outperforming the EUR/USD which is down 0% from the start of the year.
Tata Motors ADR shares gained 2.91% in pre-market trade following the report.
Tata Motors ADR follows other major Consumer Cyclical sector earnings this month
Tata Motors ADR's report follows an earnings beat by Tesla on October 20, who reported EPS of 1.86 on revenue of 13.76B, compared to forecasts EPS of 1.62 on revenue of 14B.
Sony ADR had missed expectations on Thursday with second quarter EPS of 1.51 on revenue of 20.78B, compared to forecast for EPS of 1.54 on revenue of 21.01B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar