Investing.com - Nauticus Robotics reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nauticus Robotics announced earnings per share of $-0.67 on revenue of $2.98M. Analysts polled by Investing.com anticipated EPS of $-0.09 on revenue of $2.97M.
Nauticus Robotics shares are down 45% from the beginning of the year, still down 71.85% from its 52 week high of $13.00 set on September 6.
Nauticus Robotics shares lost 1.35% in intra-day trade following the report.
Nauticus Robotics follows other major Industrials sector earnings this month
Nauticus Robotics'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 $2.84 on revenue of $24.29B.
Honeywell had beat expectations on October 27 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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