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.

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.

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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