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Investing.com - Global Business Travel reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Global Business Travel announced earnings per share of $-0.430 on revenue of $488M. Analysts polled by Investing.com EPS of $-0.080 on revenue of $499.49M.
Global Business Travel 's are down 24% and is trading at $5.350 , still down 46.41% from its 52 week high of $10.02 set on Friday, December 3, 2021.
Global Business Travel shares lost 0.37% to trade at $5.350 in pre-market trade the report.
Global Business Travel follows other major Consumer Discretionary sector earnings this month
Global Business Travel'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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