Lifeway Foods: Q3 Earnings Insights

Lifeway Foods LWAY reported its Q3 earnings results on Monday, November 13, 2023 at 09:00 AM.

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

Earnings

Lifeway Foods beat estimated earnings by 43.75%, reporting an EPS of $0.23 versus an estimate of $0.16.

Revenue was up $2.76 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 9.07% increase in the share price the next day.

Here's a look at Lifeway Foods's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.06 0.08 0.07 0.01
EPS Actual 0.21 0.06 0.05 0.06
Revenue Estimate 37.50M 36.00M 39.00M 33.50M
Revenue Actual 39.23M 37.90M 35.84M 38.14M

To track all earnings releases for Lifeway Foods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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