Investing.com - Snap (NYSE:SNAP) One Holdings reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Snap One Holdings announced earnings per share of $-0.01 on revenue of $281.2M. Analysts polled by Investing.com anticipated EPS of $0.26 on revenue of $303.67M.
Snap One Holdings shares are up 4.35% from the beginning of the year, still down 60.12% from its 52 week high of $24.50 set on November 18, 2021.
Snap One Holdings follows other major Consumer Discretionary sector earnings this month
Snap One Holdings'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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