Investing.com - iMedia Brands reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
iMedia Brands announced earnings per share of $-0.720 on revenue of $123.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $-0.370 on revenue of $137.33M.
iMedia Brands shares are down 90% from the beginning of the year and are trading at $0.600 , down-from-52-week-high.
iMedia Brands follows other major Consumer Discretionary sector earnings this month
iMedia Brands'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.
Home Depot had beat expectations on November 15 with third quarter EPS of $4.24 on revenue of $38.9B, compared to forecast for EPS of $4.12 on revenue of $37.92B.
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