Investing.com - Petpal Pet Nutrition reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Petpal Pet Nutrition announced earnings per share of ¥0.27 on revenue of ¥508.50. Analysts polled by Investing.com anticipated EPS of ¥0.17 on revenue of ¥343.67M.
Petpal Pet Nutrition shares are up 50% from the beginning of the year , still down 28.73% from its 52 week high of ¥25.13 set on Thursday, October 13, 2022.
Petpal Pet Nutrition shares lost 14.10% in intra-day trade the report.
Petpal Pet Nutrition follows other major Consumer Staples sector earnings this month
Petpal Pet Nutrition's report follows an earnings missed by Kweichow Moutai on Monday, October 17, 2022, who reported EPS of ¥11.63 on revenue of ¥30.34B, compared to forecasts EPS of ¥12.13 on revenue of ¥31.69B.
Haid Group A had beat expectations on Friday with third quarter EPS of ¥0.71 on revenue of ¥32.63B, compared to forecast for EPS of ¥0.564 on revenue of ¥29.89B.
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