Zevia PBC (ZVIA) to Release Quarterly Earnings on Wednesday

Zevia PBC (NYSE:ZVIA - Get Free Report) is scheduled to release its earnings data before the market opens on Wednesday, November 6th. Analysts expect Zevia PBC to post earnings of ($0.11) per share for the quarter. Zevia PBC has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Parties that wish to register for the company's conference call can do so using this link.

Zevia PBC (NYSE:ZVIA - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.04. Zevia PBC had a negative net margin of 16.98% and a negative return on equity of 44.31%. The firm had revenue of $40.43 million during the quarter, compared to analyst estimates of $39.59 million. During the same quarter in the prior year, the business posted ($0.08) EPS. On average, analysts expect Zevia PBC to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zevia PBC Stock Performance

Shares of Zevia PBC stock traded up $0.02 during mid-day trading on Wednesday, hitting $1.18. 112,507 shares of the stock were exchanged, compared to its average volume of 196,778. The company has a market capitalization of $85.80 million, a P/E ratio of -2.34 and a beta of 0.68. The company has a 50-day simple moving average of $1.09 and a 200 day simple moving average of $0.95. Zevia PBC has a 12 month low of $0.62 and a 12 month high of $2.42.

Insider Buying and Selling

In other Zevia PBC news, major shareholder White Pine Llc sold 26,510 shares of the business's stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $1.18, for a total value of $31,281.80. Following the sale, the insider now directly owns 1,577,628 shares in the company, valued at $1,861,601.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 12.55% of the stock is owned by insiders.

About Zevia PBC

Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated beverages in the United States and Canada. It offers soda, energy drinks, organic tea, and kidz drinks. The company offers its products through a network of food, drug, warehouse club, mass, natural, convenience, and e-commerce channels, as well as grocery distributors and natural product stores and specialty outlets.