Investing.com – Global Business Travel reported on Thursday third quarter that missed analysts’ forecasts and revenue that fell short of expectations.

Global Business Travel announced earnings per share of $-0.430 on revenue of $488M. Analysts polled by Investing.com anticipated EPS of $-0.080 on revenue of $499.49M.

Global Business Travel shares are down 24% from the beginning of the year and are trading at $5.350 , down-from-52-week-high.

Global Business Travel shares lost 0.37% in pre-market trade the report.

Global Business Travel follows other major Consumer Discretionary sector earnings this month

Global Business Travel’s report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, 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 Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar