Investing.com - Jerash reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Jerash announced earnings per share of $0.140 on revenue of $37.83M. Analysts polled by Investing.com anticipated EPS of $0.173 on revenue of $40.74M.
Jerash shares are down 34% from the beginning of the year and are trading at $4.230 , down-from-52-week-high.
Jerash follows other major Consumer Discretionary sector earnings this month
Jerash's report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Home Depot had beat expectations on November 15 with third quarter EPS of $4.24 on revenue of $38.9B, compared to forecast for EPS of $4.12 on revenue of $37.92B.
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