Kaival Brands Innovations: Q2 Earnings Insights

Kaival Brands Innovations KAVL reported its Q2 earnings results on Wednesday, June 14, 2023 at 07:00 AM.

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

Kaival Brands Innovations missed estimated earnings by 600.0%, reporting an EPS of $-0.07 versus an estimate of $-0.01.

Revenue was down $60 thousand from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 8.75% increase in the share price the next day.

Here's a look at Kaival Brands Innovations's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	-0.05	-0.05	-0.12	-0.08
EPS Actual	-0.05	-0.02	-0.09	-0.16
Revenue Estimate	3.01M	5.00M	3.50M	2.00M
Revenue Actual	2.50M	3.01M	3.85M	3.06M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Kaival Brands Innovations visit their earnings calendar here.

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

Earnings Calendar