Investing.com - Sony ADR reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sony ADR announced earnings per share of ¥2.43 on revenue of ¥26.41B. Analysts polled by Investing.com anticipated EPS of ¥1.68 on revenue of ¥25.46B.
Sony ADR shares are down 10.95% from the beginning of the year and are trading at ¥112.56 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Sony ADR follows other major Consumer Discretionary sector earnings this month
Sony ADR's report follows an earnings beat by Tesla on Wednesday, January 26, 2022, who reported EPS of ¥2.54 on revenue of ¥17.72B, compared to forecasts EPS of ¥2.36 on revenue of ¥17.13B.
Louis Vuitton ADR had matched expectations on Thursday, January 27, 2022 with fourth quarter EPS of ¥2.54 on revenue of ¥22.37B, compared to forecast for EPS of ¥2.54 on revenue of ¥20.27B.
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