Investing.com - Navios Maritime Holdings reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Navios Maritime Holdings announced earnings per share of $0.910 on revenue of $74.4M. Analysts polled by Investing.com anticipated EPS of $2.070 on revenue of $363.69M.
Navios Maritime Holdings shares are down 40.65% from the beginning of the year and are trading at $2.190 , down-from-52-week-high.
Navios Maritime Holdings follows other major Industrials sector earnings this month
Navios Maritime Holdings'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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