Investing.com - Ideal Power Inc reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ideal Power Inc announced earnings per share of $-0.28 on revenue of $10K. Analysts polled by Investing.com EPS of $-0.29 on revenue of $200K.
Ideal Power Inc 's are down 30% and is trading at $13.55 , still down 25.06% from its 52 week high of $18.08 set on Thursday, November 18, 2021.
Ideal Power Inc follows other major Industrials sector earnings this month
Ideal Power Inc'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, 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, for EPS of $2.16 on revenue of $8.99B.
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