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Investing.com - Jerash reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Jerash announced earnings per share of $0.140 on revenue of $37.83M. Analysts polled by Investing.com EPS of $0.173 on revenue of $40.74M.
Jerash 's are down 34% and is trading at $4.230 , still down 44.20% from its 52 week high of $7.58 set on Monday, November 22, 2021.
Jerash follows other major Consumer Discretionary sector earnings this month
Jerash'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.
Home Depot had beat expectations on Tuesday, November 15, 2022 with third quarter EPS of $4.24 on revenue of $38.9B, for EPS of $4.12 on revenue of $37.92B.
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