Investing.com - Standex reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Standex announced earnings per share of $1.60 on revenue of $180.6M. Analysts polled by Investing.com anticipated EPS of $1.55 on revenue of $184.29M.
Standex shares are down 12% from the beginning of the year and are trading at $99.46 , down-from-52-week-high.
Standex follows other major Industrials sector earnings this month
Standex's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, 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 Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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