Investing.com - Educational Development reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Educational Development announced earnings per share of $-0.10 on revenue of $19.42M. Analysts polled by Investing.com anticipated EPS of $0.04 on revenue of $26.4M.
Educational Development shares are down 14% from the beginning of the year and are trading at $2.49 , down-from-52-week-high.
Educational Development follows other major Consumer Discretionary sector earnings this month
Educational Development's report follows an earnings beat by Nike on Thursday, September 29, 2022, who reported EPS of $0.93 on revenue of $12.69B, compared to forecasts EPS of $0.922 on revenue of $12.28B.
AutoZone had beat expectations on Monday, September 19, 2022 with fourth quarter EPS of $40.51 on revenue of $5.35B, compared to forecast for EPS of $38.51 on revenue of $5.16B.
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