Investing.com - Appharvest reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Appharvest announced earnings per share of $-0.23 on revenue of $524K. Analysts polled by Investing.com EPS of $-0.29 on revenue of $2.3M.
Appharvest 's are up 100% and is trading at $1.95 , still down 72.57% from its 52 week high of $7.11 set on Thursday, November 11, 2021.
Appharvest follows other major Consumer Staples sector earnings this month
Appharvest'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, EPS of $1.56 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, for EPS of $0.6388 on revenue of $10.53B.
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