Investing.com - Three Squirrels reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Three Squirrels announced earnings per share of ¥0.03 on revenue of ¥1.22. Analysts polled by Investing.com anticipated EPS of ¥0.22 on revenue of ¥1.9B.
Three Squirrels shares are down 26% from the beginning of the year , still down 58.97% from its 52 week high of ¥43.63 set on Friday, November 5, 2021.
Three Squirrels follows other major Consumer Staples sector earnings this month
Three Squirrels'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.
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