SunOpta: Q1 Earnings Insights

SunOpta STKL reported its Q1 earnings results on Wednesday, May 10, 2023 at 05:00 PM.

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

SunOpta beat estimated earnings by 350.0%, reporting an EPS of $0.05 versus an estimate of $-0.02.

Revenue was down $16.29 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 8.22% increase in the share price the next day.

Here's a look at SunOpta's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0		0.01	-0.02
EPS Actual	0.02	0.02	0.03	0.01
Revenue Estimate	220.60M	311.77M	281.97M	280.42M
Revenue Actual	221.29M	229.66M	243.53M	240.17M

To track all earnings releases for SunOpta visit their earnings calendar here.

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

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