Investing.com - Target Hospitality reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Target Hospitality announced earnings per share of $0.200 on revenue of $159.6M. Analysts polled by Investing.com EPS of $0.550 on revenue of $158.2M.
Target Hospitality 's are down 16.73% and is trading at $11.010 , still down 22.65% from its 52 week high of $15.67 set on Monday, August 22, 2022.
Target Hospitality shares lost 9.16% to trade at $11.010 in pre-market trade the report.
Target Hospitality follows other major Consumer Discretionary sector earnings this month
Target Hospitality'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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