Investing.com - Purple Innovation reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Purple Innovation announced earnings per share of $0.03 on revenue of $143.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $-0.07 on revenue of $139.14M.
Purple Innovation shares are down 19% from the beginning of the year and are trading at $3.93 , down-from-52-week-high.
Purple Innovation shares gained 15.25% in after-hours trade the report.
Purple Innovation follows other major Consumer Discretionary sector earnings this month
Purple Innovation'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.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar