Charlottes Web Holdings: Q2 Earnings Insights

 

Charlottes Web Holdings CWBHF reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:07 AM.

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

Earnings

Charlottes Web Holdings missed estimated earnings by 25.0%, reporting an EPS of $-0.05 versus an estimate of $-0.04.

Revenue was down $5.28 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 0.5% drop in the share price the next day.

Here's a look at Charlottes Web Holdings's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.05 -0.05 -0.04 -0.05
EPS Actual -0.06 -0.08 -0.01 -0.04
Revenue Estimate 27.64M 27.74M 26.42M 28.38M
Revenue Actual 19.36M 24.80M 23.70M 24.15M

To track all earnings releases for Charlottes Web Holdings visit their earnings calendar here.

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

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