Investing.com - Crown Crafts reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Crown Crafts announced earnings per share of $0.200 on revenue of $18.73M. Analysts polled by Investing.com anticipated EPS of $0.180 on revenue of $20.8M.
Crown Crafts shares are down 18% from the beginning of the year , still down 25.50% from its 52 week high of $8.00 set on Wednesday, November 17, 2021.
Crown Crafts follows other major Consumer Discretionary sector earnings this month
Crown Crafts'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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