Investing.com - Party City Holdco Inc reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Party City Holdco Inc announced earnings per share of $-1.390 on revenue of $502.2M. Analysts polled by Investing.com anticipated EPS of $0.070 on revenue of $548.4M.
Party City Holdco Inc shares are down 23% from the beginning of the year and are trading at $1.530 , down-from-52-week-high.
Party City Holdco Inc follows other major Consumer Discretionary sector earnings this month
Party City Holdco Inc'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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