Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Investing.com - Duolingo reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Duolingo announced earnings per share of $-0.46 on revenue of $102.7M. Analysts polled by Investing.com EPS of $-0.55 on revenue of $94.52M.
Duolingo 's are down 28.35% and is trading at $82.41 , still down 51.47% from its 52 week high of $174.65 set on Thursday, November 11, 2021.
Duolingo follows other major Consumer Discretionary sector earnings this month
Duolingo'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar