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Reeds Q4 EPS $(0.09) Misses $(0.08) Estimate, Sales $7.2M Miss $8.32M Estimate

Reeds (AMEX:REED) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.08) by 12.5 percent. This is a 10 percent increase over losses of $(0.1) per share from the same period

Benzinga · 03/12/2020 20:25

Reeds (AMEX:REED) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.08) by 12.5 percent. This is a 10 percent increase over losses of $(0.1) per share from the same period last year. The company reported quarterly sales of $7.2 million which missed the analyst consensus estimate of $8.32 million by 13.46 percent. This is a 25.23 percent decrease over sales of $9.629 million the same period last year.