Investing.com - Blue Star Foods reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Blue Star Foods announced earnings per share of $-0.07 on revenue of $2.4M. Analysts polled by Investing.com anticipated EPS of $-0.03 on revenue of $4.98M.
Blue Star Foods shares are down 50% from the beginning of the year and are trading at $0.80 , down-from-52-week-high.
Blue Star Foods follows other major Consumer Staples sector earnings this month
Blue Star Foods's report follows an earnings beat by Walmart on Tuesday, who reported EPS of $1.5 on revenue of $152.8B, compared to forecasts EPS of $1.32 on revenue of $147.55B.
Procter&Gamble had beat expectations on Wednesday, October 19, 2022 with first quarter EPS of $1.57 on revenue of $20.61B, compared to forecast for EPS of $1.55 on revenue of $20.37B.
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