Lifeway Foods: Q3 Earnings Insights

Lifeway Foods LWAY reported its Q3 earnings results on Monday, November 13, 2023 at 09:00 AM.

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

Lifeway Foods beat estimated earnings by 43.75%, reporting an EPS of $0.23 versus an estimate of $0.16.

Revenue was up $2.76 million from the same period last year.

Last quarter the company beat on EPS by $0.15 which was followed by a 9.07% increase in the share price the next day.

Here's a look at Lifeway Foods's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.06	0.08	0.07	0.01
EPS Actual	0.21	0.06	0.05	0.06
Revenue Estimate	37.50M	36.00M	39.00M	33.50M
Revenue Actual	39.23M	37.90M	35.84M	38.14M

To track all earnings releases for Lifeway Foods visit their earnings calendar here.

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

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