FTSE 100: Index falls as earnings results weigh; pound below $1.33, Bodycote soars
Investing.com - Big 5 reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Big 5 announced earnings per share of $0.41 on revenue of $253.8M. Analysts polled by Investing.com EPS of $0.46 on revenue of $265.65M.
Big 5 's are down 17.38% and is trading at $10.94 , still down 73.03% from its 52 week high of $47.65 set on Friday, November 12, 2021.
Big 5 shares lost 14.86% to trade at $10.94 in after-hours trade the report.
Big 5 follows other major Consumer Discretionary sector earnings this month
Big 5's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $-0.2 on revenue of $121.23B, EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of $2.27 on revenue of $16.93B, for EPS of $1.81 on revenue of $16.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar