Investing.com - Shift Technologies, reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Shift Technologies, announced earnings per share of $-0.920 on revenue of $161.87M. Analysts polled by Investing.com anticipated EPS of $-0.434 on revenue of $165.16M.
Shift Technologies, shares are down 48.09% from the beginning of the year, still down 93.63% from its 52 week high of $7.27 set on November 9, 2021.
Shift Technologies, follows other major Consumer Discretionary sector earnings this month
Shift Technologies,'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 $1.03 on revenue of $22.5B.
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