Investing.com - Kandi reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kandi announced earnings per share of $0.010 on revenue of $33.67M. Analysts polled by Investing.com EPS of $-0.030 on revenue of $29.30M.
Kandi 's are down 0% and is trading at $3.200 , still down 38.46% from its 52 week high of $5.20 set on Monday, November 8, 2021.
Kandi shares gained 0.63% to trade at $3.200 in intra-day trade the report.
Kandi follows other major Consumer Discretionary sector earnings this month
Kandi'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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