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Reed's Q2 EPS $(0.77) Misses $(0.15) Estimate, Sales $11.87M Beat $11.47M Estimate

Author: Benzinga Newsdesk | August 13, 2024 03:11pm
Reed's (NASDAQ:REED) reported quarterly losses of $(0.77) per share which missed the analyst consensus estimate of $(0.15) by 413.33 percent. This is a 22.22 percent increase over losses of $(0.99) per share from the same period last year. The company reported quarterly sales of $11.87 million which beat the analyst consensus estimate of $11.47 million by 3.52 percent. This is a 18.68 percent increase over sales of $10.01 million the same period last year.

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