Investing.com - TheRealReal reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
TheRealReal announced earnings per share of $-0.38 on revenue of $142.7M. Analysts polled by Investing.com anticipated EPS of $-0.44 on revenue of $150.2M.
TheRealReal shares are down 48.09% from the beginning of the year, still down 92.80% from its 52 week high of $17.09 set on November 9, 2021.
TheRealReal follows other major Consumer Discretionary sector earnings this month
TheRealReal'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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