Investing.com - China Online ADR reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
China Online ADR announced earnings per share of $-0.2768 on revenue of $24.4M. Analysts polled by Investing.com anticipated EPS of $0.38 on revenue of $322.4M.
China Online ADR shares are up 31.4% from the beginning of the year and are trading at $1.590 , 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 lost 2.84% in intra-day 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 Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on Thursday, August 4, 2022 with second quarter EPS of $11.73 on revenue of $205.56B, compared to forecast for EPS of $10.7 on revenue of $203.47B.
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