Stryve Foods Inc reports results for the quarter ended in June - Earnings Summary

Stryve Foods

14/08/2023 22:03

* Stryve Foods Inc  SNAX.OQ  reported a quarterly adjusted
loss of
$1.87​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of
$1.87 per share.
    * Revenue fell 45.2% to $6.00 million from a year ago;
analysts
expected $7.41 million. 
    * Stryve Foods Inc's reported EPS for the quarter was a loss
of
$2.05​.
    * 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. 
    * Stryve Foods Inc shares had fallen by 54.1% this
quarter and
lost 61.4% so far this year.
    * The company reported a quarterly loss of $4.31 million.
    * Wall Street's median 12-month price target for Stryve
Foods Inc
is $22.50 
    * 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 from LSEG Refinitiv data
August 14 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.87          -1.87          Met
 Mar. 31 2023      -2.40          -2.25          Beat
 Dec. 31 2022      -2.32          -2.10          Beat
 Sep. 30 2022      -2.95          -2.40          Beat