Buy tech sell-off, Wedbush’s Ives says: ’this is a 1996 moment, not 1999’
Investing.com - BRC Inc. reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
BRC Inc. announced earnings per share of $-0.08 on revenue of $75.5M. Analysts polled by Investing.com EPS of $-0.05 on revenue of $82.37M.
BRC Inc. 's are down 23.1% and is trading at $7.07 , still down 79.21% from its 52 week high of $34.00 set on Tuesday, April 12, 2022.
BRC Inc. follows other major Consumer Staples sector earnings this month
BRC Inc.'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar