Charlottes Web Holdings CWBHF reported its Q1 earnings results on Friday, May 12, 2023 at 07:05 AM.
Here's what investors need to know about the announcement.
Earnings
Charlottes Web Holdings beat estimated earnings by 60.0%, reporting an EPS of $-0.02 versus an estimate of $-0.05.
Revenue was down $2.35 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.19 which was followed by a 5.3% drop in the share price the next day.
Here's a look at Charlottes Web Holdings's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.04 | -0.02 | -0.04 | -0.05 |
EPS Actual | -0.23 | -0.05 | -0.05 | -0.06 |
Revenue Estimate | 17.40M | 20.10M | 27.13M | 27.64M |
Revenue Actual | 18.90M | 17.04M | 18.88M | 19.36M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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