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Benzinga Insights

Recap: Reed's Q1 Earnings

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.

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