Investing.com - Veritiv Cor reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Veritiv Cor announced earnings per share of $6.86 on revenue of $1.8B. Analysts polled by Investing.com anticipated EPS of $4.32 on revenue of $1.67B.
Veritiv Cor shares are down 20% from the beginning of the year and are trading at $108.80 , down-from-52-week-high.
Veritiv Cor follows other major Industrials sector earnings this month
Veritiv Cor's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $16.95B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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