Investing.com - Ashtead (LON:AHT) Gro reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ashtead Gro announced earnings per share of $3.78 on revenue of $2.08B. Analysts polled by Investing.com anticipated EPS of $3.52 on revenue of $2.15B.
Ashtead Gro shares are down 39.17% from the beginning of the year and are trading at $199.99 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Ashtead Gro follows other major Industrials sector earnings this month
Ashtead Gro's report follows an earnings missed by Deere&Company on August 19, who reported EPS of $6.16 on revenue of $13B, compared to forecasts EPS of $6.65 on revenue of $12.93B.
Siemens ADR had missed expectations on August 11 with third quarter EPS of $-1.07 on revenue of $18.48B, compared to forecast for EPS of $-0.3269 on revenue of $17.68B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar