Investing.com - Bombardier Inc (TSX:BBDb) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $-0.03 on revenue of $1.25B. Analysts polled by Investing.com anticipated EPS of $-0.0314 on revenue of $1.35B. .
Bombardier Inc shares lost 5.30% to trade at $1.250 in intra-day trade following the report.
For the year, Bombardier Inc shares are down 25.6%, under-performing the S&P/TSX which is down 0.88% year to date.
Bombardier Inc follows other major Industrials sector earnings this month
On Tuesday, Thomson Reuters reported first quarter EPS of $0.8483 on revenue of $2.15B, compared to forecasts of EPS of $0.7641 on revenue of $2.12B.
TFI Intl earnings beat analyst's expectations on Thursday, April 28, 2022, with first quarter EPS of $1.68 on revenue of $2.19B. Investing.com analysts expected EPS of $1.29 on revenue of $2B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar