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

Reed'S

12/08/2021 22:15

* Reed's Inc  REED.OQ  reported a quarterly adjusted loss of 3
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 3 cents per
share.
* Revenue rose 3.8% to $11.27 million from a year ago;  analysts
expected $12.21 million. 
* Reed's Inc's reported EPS for the quarter was a loss of 3
cents​.
* The mean earnings estimate of analysts had fallen by about 50%
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 fallen by 21.7% this quarter and
gained 35.2% so far this year.
* The company reported a quarterly loss of $3.15 million.
* Wall Street's median 12-month price target for Reed's Inc is
$2.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 12 at 09:15 p.m.  ​All
figures in US dollars unless otherwise stated