Investing.com - Secoo Holding reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Secoo Holding announced earnings per share of 0.6 on revenue of 1.37B. Analysts polled by Investing.com anticipated EPS of 2.75 on revenue of 2.27B.
Secoo Holding shares are down 58.4% from the beginning of the year and are trading at 2.40 , down-from-52-week-high.They are under-performing the Nasdaq which is up 42.71% from the start of the year.
Secoo Holding shares lost 2.04% in pre-market trade the report.
Secoo Holding follows other major Services sector earnings this month
Secoo Holding's report follows an earnings beat by Costco on Thursday, December 10, 2020, who reported EPS of 2.29 on revenue of 43.21B, compared to forecasts EPS of 2.05 on revenue of 46.33B.
Dollar General had beat expectations on Thursday, December 3, 2020 with third quarter EPS of 2.31 on revenue of 8.2B, compared to forecast for EPS of 2.02 on revenue of 8.14B.
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