Investing.com - Esports Entertainment reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Esports Entertainment announced earnings per share of $-0.10 on revenue of $9.61M. Analysts polled by Investing.com anticipated EPS of $-0.20 on revenue of $11.13M.
Esports Entertainment shares are down 96% from the beginning of the year, still down 97.85% from its 52 week high of $6.52 set on November 17, 2021.
Esports Entertainment follows other major Consumer Discretionary sector earnings this month
Esports Entertainment's report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1 on revenue of $21.98B.
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