Investing.com - Hour Loop reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Hour Loop announced earnings per share of $0.01 on revenue of $17.56M. Analysts polled by Investing.com EPS of $0.03 on revenue of $18.24M.
Hour Loop 's are down 67% and is trading at $2.93 , still down 71.64% from its 52 week high of $10.33 set on Friday, January 7, 2022.
Hour Loop shares gained 8.92% to trade at $2.93 in intra-day trade the report.
Hour Loop follows other major Consumer Discretionary sector earnings this month
Hour Loop'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 on revenue of $21.98B.
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