Investing.com - Village Farms reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Village Farms announced earnings per share of $-0.100 on revenue of $71.1M. Analysts polled by Investing.com anticipated EPS of $-0.080 on revenue of $77.89M.
Village Farms shares are down 16.73% from the beginning of the year and are trading at $1.860 , down-from-52-week-high.
Village Farms shares gained 3.33% in pre-market trade the report.
Village Farms follows other major Consumer Staples sector earnings this month
Village Farms's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
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