Vintage Wine Estates VWE reported its Q2 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Vintage Wine Estates beat estimated earnings by 22.22%, reporting an EPS of $0.11 versus an estimate of $0.09.
Revenue was down $5.62 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 5.26% drop in the share price the next day.
Here's a look at Vintage Wine Estates's past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|
| EPS Estimate | 0.02 | 0.14 | 0.06 |
| EPS Actual | 0.05 | 0.17 | 0.08 |
| Revenue Estimate | 67.51M | 74.24M | 67.13M |
| Revenue Actual | 77.86M | 75.54M | 78.93M |
To track all earnings releases for Vintage Wine Estates visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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