Investing.com - Foresight Autonomous reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Foresight Autonomous announced earnings per share of $-0.015 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $0.00.
Foresight Autonomous shares are up 67.65% from the beginning of the year, still down 43.56% from its 52 week high of $12.12 set on February 10. They are outperforming the Nasdaq which is up 1.79% from the start of the year.
Foresight Autonomous follows other major sector earnings this month
Foresight Autonomous's report follows an earnings beat by Ping An Insurance Company of China on February 3, who reported EPS of $0.6308 on revenue of $26.15B, compared to forecasts EPS of $0.6304 on revenue of $24.08B.
SoftBank Group had beat expectations on February 8 with fourth quarter EPS of $2.97 on revenue of $14.41B, compared to forecast for EPS of $0.0374 on revenue of $12.93B.
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