Investing.com - Boxed reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Boxed announced earnings per share of $-0.370 on revenue of $41.6M. Analysts polled by Investing.com EPS of $-0.360 on revenue of $45.12M.
Boxed 's are up 4.35% and is trading at $0.549 , still down 96.44% from its 52 week high of $15.44 set on Thursday, December 30, 2021.
Boxed follows other major Consumer Discretionary sector earnings this month
Boxed'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 $1.03 on revenue of $22.5B.
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