Investing.com - Appharvest reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Appharvest announced earnings per share of $-0.23 on revenue of $524K. Analysts polled by Investing.com anticipated EPS of $-0.29 on revenue of $2.3M (NYSE:MMM).
Appharvest shares are up 100% from the beginning of the year and are trading at $1.95 , down-from-52-week-high.
Appharvest follows other major Consumer Staples sector earnings this month
Appharvest's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar