Investing.com - Mohawk Industries reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Mohawk Industries announced earnings per share of $3.34 on revenue of $2.90. Analysts polled by Investing.com EPS of $3.40 on revenue of $3.03B.
Mohawk Industries 's are down 18% and is trading at $94.90 , still down 50.72% from its 52 week high of $199.37 set on Thursday, October 28, 2021.
Mohawk Industries shares lost 3.41% to trade at $94.90 in after-hours trade the report.
Mohawk Industries follows other major Consumer Discretionary sector earnings this month
Mohawk Industries's report follows an earnings beat by Amazon.com on Thursday, 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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