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Angel Yeast Earnings, Revenue Miss in Q3

Published 10/26/2022, 01:50 PM
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Investing.com - Angel Yeast reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Angel Yeast announced earnings per share of ¥0.27 on revenue of ¥2.89. Analysts polled by Investing.com anticipated EPS of ¥0.28 on revenue of ¥3.19B.

Angel Yeast shares are up 78% from the beginning of the year , still down 39.43% from its 52 week high of ¥64.85 set on Monday, December 27, 2021.

Angel Yeast shares gained 0.08% in intra-day trade the report.

Angel Yeast follows other major Consumer Staples sector earnings this month

Angel Yeast'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.

Tongwei Co Ltd had beat expectations on Wednesday with third quarter EPS of ¥1.86 on revenue of ¥41.74B, compared to forecast for EPS of ¥1.69 on revenue of ¥32.27B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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