Investing.com - Ammo reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ammo announced earnings per share of $0.050 on revenue of $48.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $0.060 on revenue of $63.59M.
Ammo shares are down 63% from the beginning of the year and are trading at $3.140 , down-from-52-week-high.
Ammo follows other major Consumer Discretionary sector earnings this month
Ammo'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 on revenue of $21.98B.
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