Investing.com - Volta reported on Monday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Volta announced earnings per share of $-0.25 on revenue of $14.36M. Analysts polled by Investing.com anticipated EPS of $-0.25 on revenue of $14.57M.
Volta shares are down 30% from the beginning of the year, still down 92.53% from its 52 week high of $12.98 set on November 15, 2021.
Volta follows other major Consumer Discretionary sector earnings this month
Volta'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 on revenue of $21.98B.
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