Investing.com - ThredUp reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
ThredUp announced earnings per share of $-0.24 on revenue of $67.9M. Analysts polled by Investing.com anticipated EPS of $-0.20 on revenue of $65.15M.
ThredUp shares are down 63% from the beginning of the year and are trading at $0.99 , down-from-52-week-high.
ThredUp follows other major Consumer Discretionary sector earnings this month
ThredUp'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 on revenue of $21.98B.
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