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Investing.com - Membership Collective Group reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Membership Collective Group announced earnings per share of $-0.18 on revenue of $266.05M. Analysts polled by Investing.com EPS of $-0.10 on revenue of $267.6M.
Membership Collective Group 's are down 68.39% and is trading at $4.04 , still down 71.14% from its 52 week high of $14.00 set on Thursday, November 18, 2021.
Membership Collective Group shares lost 14.95% to trade at $4.04 in intra-day trade the report.
Membership Collective Group follows other major Consumer Discretionary sector earnings this month
Membership Collective Group'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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