Investing.com - Qurate Retail A reported on Friday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Qurate Retail A announced earnings per share of $0.53 on revenue of $2.95B. Analysts polled by Investing.com anticipated EPS of $0.26 on revenue of $3.01B.
Qurate Retail A shares are down 55.39% from the beginning of the year and are trading at $3.39 , down-from-52-week-high.They are under-performing the Nasdaq which is down 19.75% from the start of the year.
Qurate Retail A shares gained 7.62% in intra-day trade the report.
Qurate Retail A follows other major Consumer Discretionary sector earnings this month
Qurate Retail A's report follows an earnings missed by Amazon.com on Thursday, July 28, 2022, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
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