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

Reed'S

10/11/2021 01:02

* Reed's Inc  REED.OQ  reported a quarterly adjusted loss of 4
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for a loss of 3
cents per share.
* Revenue rose 26.9% to $13.40 million from a year ago; 
analysts expected $12.40 million. 
* 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 13.0% this quarter and
gained 14.7% so far this year.
* The company reported a quarterly loss of $3.89 million.
* Wall Street's median 12-month price target for Reed's Inc is
$1.55 
* 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 November 10 at 01:02 a.m.
 ​All figures in US dollars unless otherwise stated