Investing.com - Stride reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Stride announced earnings per share of $-0.54 on revenue of $425.20. Analysts polled by Investing.com anticipated EPS of $-0.14 on revenue of $424.2M.
Stride shares are up 22.07% from the beginning of the year and are trading at $38.70 , down-from-52-week-high.
Stride shares lost 16.79% in after-hours trade the report.
Stride follows other major Consumer Discretionary sector earnings this month
Stride's report follows an earnings beat by Tesla on October 19, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on September 29 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
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