Recap: Charlottes Web Holdings Q3 Earnings

Charlottes Web Holdings CWBHF reported its Q3 earnings results on Thursday, November 9, 2023 at 07:33 AM.

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

Earnings

Charlottes Web Holdings missed estimated earnings by 100.0%, reporting an EPS of $-0.1 versus an estimate of $-0.05.

Revenue was down $2.74 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 0.11% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.05 -0.05 -0.04 -0.02
EPS Actual -0.06 -0.02 -0.23 -0.05
Revenue Estimate 16.50M 17.90M 17.40M 20.10M
Revenue Actual 16.01M 17.01M 18.90M 17.04M

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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