Investing.com - Kalera reported on Monday third quarter earnings that matched analysts' forecasts and revenue that was in line with expectations.
Kalera announced earnings per share of $-0.73 on revenue of $1.97M. Analysts polled by Investing.com anticipated EPS of $-0.73 on revenue of $1.97M.
Kalera shares are down 28% from the beginning of the year, still down 99.53% from its 52 week high of $14.78 set on June 28.
Kalera follows other major Consumer Staples sector earnings this month
Kalera's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
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