Investing.com - Navios Maritime Holdings reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Navios Maritime Holdings announced earnings per share of $0.910 on revenue of $74.4M. Analysts polled by Investing.com anticipated EPS of $2.070 on revenue of $363.69M.
Navios Maritime Holdings shares are down 40.65% from the beginning of the year and are trading at $2.190 , down-from-52-week-high.
Navios Maritime Holdings follows other major Industrials sector earnings this month
Navios Maritime Holdings's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.84 on revenue of $24.29B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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