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Consumer Discretionary Firms Beat EPS Forecasts More Often Than Revenue

Six of nine companies topped EPS estimates, compared with four that beat revenue forecasts. Five posted year-over-year revenue growth, while four recorded EPS growth.

A toy truck and empty basket balance on a brass scale / TokenPost.ai
A toy truck and empty basket balance on a brass scale / TokenPost.ai

Consumer discretionary companies beat earnings-per-share (EPS) forecasts more often than revenue estimates this week, giving investors a sector-specific snapshot of results during the broader U.S. earnings season.

Six of nine companies topped EPS expectations, while four beat revenue forecasts. Five companies had year-over-year revenue growth, compared with four that recorded year-over-year EPS growth.

GM, GPC, Hasbro and Tractor Supply were among the companies with year-over-year revenue growth.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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