Recap: Vintage Wine Estates Q2 Earnings

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.

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