Investing.com - China Online ADR reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
China Online ADR announced earnings per share of -0.4025 on revenue of 63.79M. Analysts polled by Investing.com anticipated EPS of 0.5 on revenue of 374.7M.
China Online ADR shares are up 11.57% from the beginning of the year and are trading at 1.420 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
China Online ADR shares gained 5.19% in pre-market trade the report.
China Online ADR follows other major Consumer Discretionary sector earnings this month
China Online ADR's report follows an earnings beat by Alibaba ADR on Thursday, May 26, 2022, who reported EPS of 7.95 on revenue of 204.05B, compared to forecasts EPS of 7.1 on revenue of 199.47B.
Pinduoduo had beat expectations on Friday, May 27, 2022 with first quarter EPS of 2.95 on revenue of 23.79B, compared to forecast for EPS of 1.83 on revenue of 20.45B.
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