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Reed's Q1 EPS $(0.40) Beats $(0.46) Estimate, Sales $9.60M Miss $13.37M Estimate

Author: Benzinga Newsdesk | May 14, 2024 04:22pm

Reed's (NASDAQ:REED) reported quarterly losses of $(0.40) per share which beat the analyst consensus estimate of $(0.46) by 13.04 percent. This is a 76.47 percent increase over losses of $(1.70) per share from the same period last year. The company reported quarterly sales of $9.60 million which missed the analyst consensus estimate of $13.37 million by 28.23 percent. This is a 14.00 percent decrease over sales of $11.16 million the same period last year.

Posted In: REED