Vertex Pharmaceuticals stock falls after pain drug fails in Phase 2 study
Investing.com - Vince reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Vince announced earnings per share of $-1.23 on revenue of $89.19M. Analysts polled by Investing.com EPS of $0.19 on revenue of $97.2M.
Vince 's are down 70% and is trading at $7.38 , still down 36.21% from its 52 week high of $11.57 set on Thursday, December 9, 2021.
Vince follows other major Consumer Discretionary sector earnings this month
Vince's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $4.67 on revenue of $27.48B, for EPS of $4.58 on revenue of $28.12B.
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