Whole Earth Brands Inc reports results for the quarter ended in December - Earnings Summary

Whole Earth Brands

14/03/2023 21:59

* Whole Earth Brands Inc  FREE.OQ  reported a quarterly
adjusted
loss of 33 cents​​ per share for the quarter ended in December.
The mean expectation of seven analysts for the quarter was
for breakeven results per share.
    * Revenue rose 4.7% to $138.90 million from a year ago;
analysts
expected $138.89 million. 
    * Whole Earth Brands Inc's reported EPS for the quarter was
a loss
of $1.44​.
    * 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. 
    * Whole Earth Brands Inc shares had fallen by 27.8% this
quarter.
    * The company reported a quarterly loss of $60.28 million.
    * Wall Street's median 12-month price target for Whole Earth
Brands Inc is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 14 at 09:59 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.00           -0.33          Missed
 Sep. 30 2022      0.08           -0.06          Missed
 Jun. 30 2022      0.10           0.03           Missed
 Mar. 31 2022      0.06           0.07           Beat