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

Whole Earth Brands

09/08/2023 21:20

* Whole Earth Brands Inc  FREE.OQ  reported a quarterly
adjusted
loss of 13 cents​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue fell 0.5% to $132.90 million from a year ago;
analysts
expected $136.50 million. 
    * Whole Earth Brands Inc's reported EPS for the quarter was
a loss
of 13 cents​.
    * The mean earnings estimate of analysts had risen by
about 15.8%
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 3.0% this
quarter and lost 4.2% so far this year.
    * The company reported a quarterly loss of $5.52 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
August 9 at 08:20 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.08          -0.13          Missed
 Mar. 31 2023      -0.15          -0.47          Missed
 Dec. 31 2022      0.00           -0.33          Missed
 Sep. 30 2022      0.08           -0.06          Missed