Investing.com - Kandi reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kandi announced earnings per share of $0.010 on revenue of $33.67M. Analysts polled by Investing.com anticipated EPS of $-0.030 on revenue of $29.30M.
Kandi shares are down 0% from the beginning of the year and are trading at $3.200 , down-from-52-week-high.
Kandi shares gained 0.63% in intra-day trade after the report.
Kandi follows other major Consumer Discretionary sector earnings this month
Kandi'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar