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Investing.com - Ammo reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ammo announced earnings per share of $0.050 on revenue of $48.3M. Analysts polled by Investing.com EPS of $0.060 on revenue of $63.59M.
Ammo 's are down 63% and is trading at $3.140 , still down 57.80% from its 52 week high of $7.44 set on Tuesday, November 16, 2021.
Ammo follows other major Consumer Discretionary sector earnings this month
Ammo'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, 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, for EPS of $1 on revenue of $21.98B.
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