Recap: Vita Coco Q1 Earnings

Vita Coco COCO reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Vita Coco beat estimated earnings by 71.43%, reporting an EPS of $0.12 versus an estimate of $0.07.

Revenue was up $13.31 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 6.94% increase in the share price the next day.

Here's a look at Vita Coco's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.05	0.15	0.08	0.01
EPS Actual	0.07	0.13	0.02	0.04
Revenue Estimate	90.86M	129.54M	115.02M	94.99M
Revenue Actual	91.99M	124.04M	115.31M	96.45M

To track all earnings releases for Vita Coco visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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