Investing.com - Indus Motor Company reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Indus Motor Company announced earnings per share of 6.48 on revenue of 72.10B. Analysts polled by Investing.com EPS of 42.49 on revenue of 77.03B.
Indus Motor Company 's are down 6% and is trading at 980.00 , still down 36.16% from its 52 week high of 1,535.00 set on Tuesday, March 1, 2022.
Indus Motor Company shares lost 100.00% to trade at 980.00 in pre-market trade the report.
Indus Motor Company follows other major Consumer Discretionary sector earnings this month
Indus Motor Company's report follows an earnings beat by Honda Atlas Cars on Wednesday, who reported EPS of 4.61 on revenue of 30.25B, EPS of 2.81 on revenue of 29.91B.
Pak Suzuki Motor Co had beat expectations on Wednesday with second quarter EPS of 5.38 on revenue of 65.92B, for EPS of 3.1 on revenue of 63.36B.
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