Investing.com - iPower reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
iPower announced earnings per share of $-0.050 on revenue of $22.12M. Analysts polled by Investing.com anticipated EPS of $0.035 on revenue of $21M.
iPower shares are down 13% from the beginning of the year and are trading at $1.025 , down-from-52-week-high.
iPower follows other major Consumer Discretionary sector earnings this month
iPower's report follows an earnings beat by AutoZone on September 19, who reported EPS of $40.51 on revenue of $5.3B, compared to forecasts EPS of $38.51 on revenue of $5.15B.
Lululemon Athletica had beat expectations on September 1 with second quarter EPS of $2.2 on revenue of $1.87B, compared to forecast for EPS of $1.86 on revenue of $1.77B.
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