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Reed's Q1 2023 Earnings Report

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$1.30 -0.10 (-7.14%)
As of 02:24 PM Eastern

Reed's EPS Results

Actual EPS
-$1.70
Consensus EPS
-$1.02
Beat/Miss
Missed by -$0.68
One Year Ago EPS
N/A

Reed's Revenue Results

Actual Revenue
$11.16 million
Expected Revenue
$14.12 million
Beat/Miss
Missed by -$2.96 million
YoY Revenue Growth
N/A

Reed's Announcement Details

Quarter
Q1 2023
Time
Q1 2023 Earnings Call

Conference Call Resources

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Reed's Earnings Headlines

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Research Analysts Issue Forecasts for Reed's Q3 Earnings
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About Reed's

Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's Classic Mules; Reed's Hard Ginger Ale; Reed's ready to drink products; and Virgil's handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through www.drinkreeds.com. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.

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