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

Reed'S

17/05/2021 23:12

* Reed's Inc  REED.OQ  reported a quarterly adjusted loss of 5
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 3
cents per share.
* Revenue rose 27.5% to $12.15 million from a year ago; 
analysts expected $10.90 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 fallen by 21.4% this quarter and
gained 55.7% so far this year.
* The company reported a quarterly loss of $4.51 million.
* Wall Street's median 12-month price target for Reed's Inc is
$1.50 
* 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 May 17 at 10:12 p.m. GMT.
​All figures in US dollars