Vintage Wine Estates VWE reported its Q2 earnings results on Tuesday, March 12, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Vintage Wine Estates missed estimated earnings by -525.0%, reporting an EPS of $-0.75 versus an estimate of $-0.12.
Revenue was down $10.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 21.0% drop in the share price the next day.
Here's a look at Vintage Wine Estates's past performance:
Quarter | Q1 2024 | Q4 2023 | Q2 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.14 | -0.09 | 0.09 | 0 |
EPS Actual | -0.17 | -0.24 | 0.11 | -0.17 |
Revenue Estimate | 60.59M | 66.87M | 82.70M | 71.63M |
Revenue Actual | 73.27M | 62.10M | 77.99M | 69.48M |
To track all earnings releases for Vintage Wine Estates visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.