Investing.com - Whole Earth Brands reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Whole Earth Brands announced earnings per share of $-0.06 on revenue of $135.28M. Analysts polled by Investing.com anticipated EPS of $0.11 on revenue of $134.82M.
Whole Earth Brands shares are down 16.73% from the beginning of the year, still down 72.52% from its 52 week high of $12.59 set on November 12, 2021.
Whole Earth Brands shares gained 3.18% in pre-market trade following the report.
Whole Earth Brands follows other major Consumer Staples sector earnings this month
Whole Earth Brands'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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