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Investing.com - Steakholder Foods reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Steakholder Foods announced earnings per share of $0.017 on revenue of $0.00. Analysts polled by Investing.com EPS of $-0.220 on revenue of $0.00.
Steakholder Foods 's are down 58% and is trading at $2.225 , still down 77.47% from its 52 week high of $9.87 set on Friday, December 10, 2021.
Steakholder Foods shares gained 4.94% to trade at $2.225 in intra-day trade the report.
Steakholder Foods follows other major Consumer Staples sector earnings this month
Steakholder Foods's report follows an earnings beat by Walmart on Tuesday, November 15, 2022, who reported EPS of $1.5 on revenue of $152.8B, EPS of $1.32 on revenue of $147.55B.
Coca-Cola had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $0.69 on revenue of $11.06B, for EPS of $0.6369 on revenue of $10.52B.
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