Investing.com - Vivid Seats reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Vivid Seats announced earnings per share of $0.086 on revenue of $156.82M. Analysts polled by Investing.com anticipated EPS of $0.136 on revenue of $130.22M.
Vivid Seats shares are down 27% from the beginning of the year and are trading at $8.420 , down-from-52-week-high.
Vivid Seats shares gained 1.94% in intra-day trade following the report.
Vivid Seats follows other major Consumer Discretionary sector earnings this month
Vivid Seats'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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