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Reed's Q3 EPS $(0.82) Misses $(0.20) Estimate, Sales $6.75M Miss $13.78M Estimate

Author: Benzinga Newsdesk | November 14, 2024 07:47am
Reed's (NASDAQ:REED) reported quarterly losses of $(0.82) per share which missed the analyst consensus estimate of $(0.20) by 310 percent. This is a 141.18 percent decrease over losses of $(0.34) per share from the same period last year. The company reported quarterly sales of $6.75 million which missed the analyst consensus estimate of $13.78 million by 51.00 percent. This is a 43.05 percent decrease over sales of $11.86 million the same period last year.

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