Investing.com - Sony ADR reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Sony ADR announced earnings per share of ¥0.719 on revenue of ¥17.35B. Analysts polled by Investing.com anticipated EPS of ¥0.6482 on revenue of ¥19.48B.
Sony ADR shares are down 36.04% from the beginning of the year and are trading at ¥80.84 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Sony ADR follows other major Consumer Discretionary sector earnings this month
Sony ADR's report follows an earnings missed by Amazon.com on April 28, who reported EPS of ¥-7.56 on revenue of ¥116.44B, compared to forecasts EPS of ¥8.35 on revenue of ¥116.45B.
Tesla had beat expectations on April 20 with first quarter EPS of ¥3.22 on revenue of ¥18.76B, compared to forecast for EPS of ¥2.26 on revenue of ¥17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar