Investing.com - Driven Brands Holdings reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Driven Brands Holdings announced earnings per share of $0.32 on revenue of $516.60. Analysts polled by Investing.com anticipated EPS of $0.27 on revenue of $492.32M.
Driven Brands Holdings shares are up 3% from the beginning of the year and are trading at $32.27 , down-from-52-week-high.
Driven Brands Holdings follows other major Industrials sector earnings this month
Driven Brands Holdings's report follows an earnings beat by United Parcel Service on Tuesday, 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 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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