Investing.com - Winc reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Winc announced earnings per share of $-0.33 on revenue of $15.81M. Analysts polled by Investing.com anticipated EPS of $-0.23 on revenue of $17.57M.
Winc shares are down 30% from the beginning of the year , still down 95.73% from its 52 week high of $11.72 set on Thursday, November 18, 2021.
Winc follows other major Consumer Staples sector earnings this month
Winc's report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.55 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6369 on revenue of $10.52B.
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