Investing.com - Sekisui House ADR reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sekisui House ADR announced earnings per share of $0.4821 on revenue of $4.71B. Analysts polled by Investing.com anticipated EPS of $0.384 on revenue of $4.89B.
Sekisui House ADR shares are down 54% from the beginning of the year, still down 22.68% from its 52 week high of $22.35 set on December 28, 2021. They are under-performing the Nasdaq which is down 24.63% from the start of the year.
Sekisui House ADR follows other major Consumer Discretionary sector earnings this month
Sekisui House ADR's report follows an earnings beat by Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on August 17 with second quarter EPS of $4.67 on revenue of $27.48B, compared to forecast for EPS of $4.58 on revenue of $28.12B.
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