Investing.com - Arko reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Arko announced earnings per share of $0.170 on revenue of $2.45B. Analysts polled by Investing.com anticipated EPS of $0.283 on revenue of $2.61B.
Arko shares are down 5.02% from the beginning of the year, still down 5.97% from its 52 week high of $10.89 set on November 10, 2021.
Arko follows other major Consumer Discretionary sector earnings this month
Arko'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar