Investing.com - GlobalE Online reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
GlobalE Online announced earnings per share of $-0.19 on revenue of $195.6M. Analysts polled by Investing.com anticipated EPS of $-0.31 on revenue of $100.93M.
GlobalE Online shares are down 61% from the beginning of the year and are trading at $21.32 , down-from-52-week-high.
GlobalE Online shares lost 13.12% in after-hours trade the report.
GlobalE Online follows other major Consumer Discretionary sector earnings this month
GlobalE Online's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, 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 Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1 on revenue of $21.98B.
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