Reed's (NASDAQ:REED) reported its Q1 earnings results on Monday, May 16, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Reed's missed estimated earnings by 25.0%, reporting an EPS of $-0.05 versus an estimate of $-0.04.
Revenue was up $36.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 16.31% drop in the share price the next day.
Here's a look at Reed's's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.03 | -0.03 | -0.03 |
| EPS Actual | -0.05 | -0.04 | -0.04 | -0.05 |
| Revenue Estimate | 13.02M | 12.39M | 12.20M | 10.90M |
| Revenue Actual | 12.78M | 13.40M | 11.27M | 12.15M |
To track all earnings releases for Reed's visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
