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People: Q3 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — People Incorporated (PPLI) on Monday reported a loss of $687.5 million in its third quarter.

The New York-based company said it had a loss of $9.15 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $2.63 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.

The Y posted revenue of $430.8 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $444.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PPLI at https://www.zacks.com/ap/PPLI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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