Investing.com - Boxed reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Boxed announced earnings per share of $-0.370 on revenue of $41.6M. Analysts polled by Investing.com anticipated EPS of $-0.360 on revenue of $45.12M.
Boxed shares are up 4.35% from the beginning of the year, still down 96.44% from its 52 week high of $15.44 set on December 30, 2021.
Boxed follows other major Consumer Discretionary sector earnings this month
Boxed'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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