Investing.com - Vintage Wine Estates reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Vintage Wine Estates announced earnings per share of $0.05 on revenue of $77.9M. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $69.03M.
Vintage Wine Estates shares are up 4.35% from the beginning of the year, still down 82.71% from its 52 week high of $12.38 set on December 28, 2021.
Vintage Wine Estates follows other major Consumer Staples sector earnings this month
Vintage Wine Estates'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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