Investing.com - Amber Enterprises India reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Amber Enterprises India announced earnings per share of ₹-0.88 on revenue of ₹7.50. Analysts polled by Investing.com anticipated EPS of ₹3.70 on revenue of ₹8.4B.
Amber Enterprises India shares are down 7% from the beginning of the year and are trading at ₹2,163.95 , down-from-52-week-high.
Amber Enterprises India follows other major Consumer Discretionary sector earnings this month
Amber Enterprises India's report follows an earnings beat by Bajaj Auto on Friday, October 14, 2022, who reported EPS of ₹60.1 on revenue of ₹102.0B, compared to forecasts EPS of ₹48.82 on revenue of ₹99.12B.
Dixon Tech had missed expectations on Wednesday, August 31, 2022 with third quarter EPS of ₹7.7 on revenue of ₹28.55B, compared to forecast for EPS of ₹7.77 on revenue of ₹28.6B.
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