Investing.com - Poshmark reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Poshmark announced earnings per share of $-0.30 on revenue of $88.4M. Analysts polled by Investing.com anticipated EPS of $-0.24 on revenue of $86.7M.
Poshmark shares are down 28.35% from the beginning of the year, still down 16.28% from its 52 week high of $21.25 set on November 15, 2021.
Poshmark follows other major Consumer Discretionary sector earnings this month
Poshmark's report follows an earnings beat by Amazon.com on October 27, 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 October 19 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar