Shares of Reed's REED decreased in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 0.00% over the past year to ($0.05), which missed the estimate of ($0.03).
Revenue of $12,146,000 rose by 27.54% from the same period last year, which beat the estimate of $10,900,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
The upcoming fiscal year's revenue expected to be between $47,441,000 and $48,273,000.
Details Of The Call
Date: May 17, 2021
Time: 04:30 PM
ET Webcast URL: http://public.viavid.com/player/index.php?id=144910
Technicals
52-week high: $1.68
52-week low: $0.57
Price action over last quarter: down 21.87%
Company Profile
Reed's Inc sells Ginger Beer brand. The company's portfolio of handcrafted, all-natural beverages sold in over 40,000 outlets nationwide including the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores and on-premise locations including bars and restaurants. The company's two core brands are Reed's Craft Ginger Beer and Reed's Real Ginger Ale and Virgil's Handcrafted soda.
© 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.