Investing.com - S&W Seed reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
S&W Seed announced earnings per share of $-0.310 on revenue of $20M. Analysts polled by Investing.com anticipated EPS of $-0.040 on revenue of $30M.
S&W Seed shares are down 73% from the beginning of the year and are trading at $0.723 , down-from-52-week-high.
S&W Seed follows other major Consumer Staples sector earnings this month
S&W Seed's report follows an earnings beat by Costco on Thursday, September 22, 2022, who reported EPS of $4.2 on revenue of $72.09B, compared to forecasts EPS of $4.15 on revenue of $71.64B.
General Mills had beat expectations on Wednesday, September 21, 2022 with first quarter EPS of $1.11 on revenue of $4.7B, compared to forecast for EPS of $0.99 on revenue of $4.72B.
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