Investing.com - WeWork reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
WeWork announced earnings per share of $-0.75 on revenue of $817M. Analysts polled by Investing.com EPS of $-0.47 on revenue of $881.02M.
WeWork 's are down 71.74% and is trading at $2.43 , still down 75.70% from its 52 week high of $10.00 set on Monday, November 22, 2021.
WeWork follows other major Real Estate sector earnings this month
WeWork's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.15B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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