Investing.com - Arcadia Biosciences reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Arcadia Biosciences announced earnings per share of $-0.120 on revenue of $1.88M. Analysts polled by Investing.com EPS of $-0.230 on revenue of $2M.
Arcadia Biosciences 's are down 28.35% and is trading at $0.310 , still down 87.71% from its 52 week high of $2.66 set on Thursday, March 24, 2022.
Arcadia Biosciences shares lost 5.20% to trade at $0.310 in after-hours trade the report.
Arcadia Biosciences follows other major Consumer Staples sector earnings this month
Arcadia Biosciences'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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