Investing.com - Titan reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Titan announced earnings per share of $0.540 on revenue of $289.26M. Analysts polled by Investing.com anticipated EPS of $0.465 on revenue of $544.35M.
Titan shares are up 100% from the beginning of the year, still down 24.58% from its 52 week high of $19.81 set on June 15.
Titan follows other major Industrials sector earnings this month
Titan'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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