Reed's Inc reports results for the quarter ended in December - Earnings Summary

Reed'S

01/04/2022 05:14

* Reed's Inc  REED.OQ  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 4
cents per share.
    * Revenue rose 19.7% to $12.78 million from a year ago; 
analysts
expected $13.02 million. 
    * Reed's Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Reed's Inc shares had risen by 6.2% this quarter and
lost 11.1%
so far this year.
    * The company reported a quarterly loss of $4.87 million.
    * Wall Street's median 12-month price target for Reed's Inc
is
$1.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 1 at 04:13 a.m.  ​All
figures in US dollars unless otherwise stated