Vertex Pharmaceuticals stock falls after pain drug fails in Phase 2 study
Investing.com - Big 5 reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Big 5 announced earnings per share of $0.29 on revenue of $261.45M. Analysts polled by Investing.com EPS of $0.89 on revenue of $294.24M.
Big 5 's are down 4% and is trading at $11.74 , still down 72.18% from its 52 week high of $46.30 set on Friday, November 12, 2021.
Big 5 shares lost 8.85% to trade at $11.74 in after-hours trade the report.
Big 5 follows other major Consumer Discretionary sector earnings this month
Big 5's report follows an earnings beat by Amazon.com on Thursday, 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 $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar