Investing.com - Foresight Autonomous reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Foresight Autonomous announced earnings per share of $-0.1 on revenue of $0.08M. Analysts polled by Investing.com anticipated EPS of $-0.06 on revenue of $80K.
Foresight Autonomous shares are down 34.71% from the beginning of the year and are trading at $1.110 , down-from-52-week-high.They are under-performing the Nasdaq which is down 9.1% from the start of the year.
Foresight Autonomous follows other major Consumer Discretionary sector earnings this month
Foresight Autonomous's report follows an earnings beat by Nike on Monday, March 21, 2022, who reported EPS of $0.87 on revenue of $10.87B, compared to forecasts EPS of $0.7126 on revenue of $10.6B.
Volkswagen 1/10 ADR had missed expectations on Thursday, March 10, 2022 with first quarter EPS of $0.8718 on revenue of $69.79B, compared to forecast for EPS of $0.8751 on revenue of $69.78B.
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