Investing.com - Bowlero reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bowlero announced earnings per share of $0.040 on revenue of $230.3M. Analysts polled by Investing.com anticipated EPS of $0.060 on revenue of $222.93M.
Bowlero shares are up 52.88% from the beginning of the year , still down 9.75% from its 52 week high of $15.28 set on Thursday, November 10, 2022.
Bowlero shares gained 4.93% in after-hours trade the report.
Bowlero follows other major Consumer Discretionary sector earnings this month
Bowlero's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1 on revenue of $21.98B.
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