Investing.com - Stride reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Stride announced earnings per share of $-0.54 on revenue of $425.20. Analysts polled by Investing.com EPS of $-0.14 on revenue of $424.2M.
Stride 's are up 22.07% and is trading at $38.70 , still down 1.77% from its 52 week high of $47.35 set on Tuesday, October 25, 2022.
Stride shares lost 16.79% to trade at $38.70 in after-hours trade the report.
Stride follows other major Consumer Discretionary sector earnings this month
Stride's report follows an earnings beat by Tesla on Wednesday, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, for EPS of $0.922 on revenue of $12.28B.
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