Investing.com - Xilinmen Furniture reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Xilinmen Furniture announced earnings per share of ¥0.42 on revenue of ¥2.14. Analysts polled by Investing.com anticipated EPS of ¥0.55 on revenue of ¥7,772M.
Xilinmen Furniture shares are up 50% from the beginning of the year and are trading at ¥24.62 , down-from-52-week-high.
Xilinmen Furniture shares lost 7.34% in intra-day trade after the report.
Xilinmen Furniture follows other major Consumer Discretionary sector earnings this month
Xilinmen Furniture's report follows an earnings beat by Fuyao Glass A on Friday, who reported EPS of ¥0.58 on revenue of ¥7.54B, compared to forecasts EPS of ¥0.4079 on revenue of ¥7.61B.
Tcl Corp A had beat expectations on Tuesday with third quarter EPS of ¥-0.03 on revenue of ¥42.01B, compared to forecast for EPS of ¥-0.0377 on revenue of ¥44.01B.
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