Investing.com - Target (NYSE:TGT) Hospitality reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Target Hospitality announced earnings per share of $0.200 on revenue of $159.6M. Analysts polled by Investing.com anticipated EPS of $0.550 on revenue of $158.2M.
Target Hospitality shares are down 16.73% from the beginning of the year and are trading at $11.010 , down-from-52-week-high.
Target Hospitality shares lost 9.16% in pre-market trade the report.
Target Hospitality follows other major Consumer Discretionary sector earnings this month
Target Hospitality'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 $1.03 on revenue of $22.5B.
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