Investing.com - Vroom reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Vroom announced earnings per share of $-0.64 on revenue of $340.8M. Analysts polled by Investing.com anticipated EPS of $-0.56 on revenue of $445.4M.
Vroom shares are down 66.91% from the beginning of the year, still down 95.70% from its 52 week high of $21.15 set on November 10, 2021.
Vroom follows other major Consumer Discretionary sector earnings this month
Vroom'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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