Reed's Q3 EPS $(0.14) Misses $(0.11) Estimate, Sales $8.7M Miss $9.04M Estimate

Reed's (NASDAQ:REED) reported quarterly losses of $(0.14) per share which missed the analyst consensus estimate of $(0.11) by 27.27 percent. This is a 40 percent decrease over losses of $(0.1) per share from the same

Benzinga · 11/13/2019 21:08

Reed's (NASDAQ:REED) reported quarterly losses of $(0.14) per share which missed the analyst consensus estimate of $(0.11) by 27.27 percent. This is a 40 percent decrease over losses of $(0.1) per share from the same period last year. The company reported quarterly sales of $8.7 million which missed the analyst consensus estimate of $9.04 million by 3.76 percent. This is a 19.41 percent decrease over sales of $10.796 million the same period last year.