Investing.com - Sony ADR reported on Friday first quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Sony ADR announced earnings per share of ¥1.31 on revenue of ¥17.18B. Analysts polled by Investing.com anticipated EPS of ¥1.31 on revenue of ¥18.59B.
Sony ADR shares are down 32.94% from the beginning of the year and are trading at ¥84.77 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Sony ADR shares lost 3.19% in intra-day trade the report.
Sony ADR follows other major Consumer Discretionary sector earnings this month
Sony ADR's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of ¥-0.2 on revenue of ¥121.23B, compared to forecasts EPS of ¥0.1279 on revenue of ¥119.18B.
Tesla had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of ¥2.27 on revenue of ¥16.93B, compared to forecast for EPS of ¥1.81 on revenue of ¥16.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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