Investing.com - Foresight Autonomous reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Foresight Autonomous announced earnings per share of $-0.07 on revenue of $220K. Analysts polled by Investing.com anticipated EPS of $-0.055 on revenue of $110K.
Foresight Autonomous shares are down 6.86% from the beginning of the year and are trading at $3.800 , down-from-52-week-high.They are under-performing the Nasdaq which is up 5.02% from the start of the year.
Foresight Autonomous follows other major sector earnings this month
Foresight Autonomous's report follows an earnings beat by Tencent ADR on Thursday, who reported EPS of $0.764 on revenue of $21.02B, compared to forecasts EPS of $0.5366 on revenue of $20.57B.
Industrial Commercial Bank of China had beat expectations on Thursday, April 29, 2021 with first quarter EPS of $0.7417 on revenue of $33.09B, compared to forecast for EPS of $0.6343 on revenue of $34.72B.
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