Investing.com - Envirotech Vehicles reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Envirotech Vehicles announced earnings per share of $0.01 on revenue of $3.88M. Analysts polled by Investing.com anticipated EPS of $0.00 on revenue of $4M.
Envirotech Vehicles shares are down 66% from the beginning of the year , still down 67.44% from its 52 week high of $9.00 set on Friday, March 11, 2022.
Envirotech Vehicles follows other major Consumer Discretionary sector earnings this month
Envirotech Vehicles'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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