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Reeds Q1 EPS $(0.050) Beats $(0.060) Estimate, Sales $9.500M Beat $8.660M Estimate

Reeds (AMEX:REED) reported quarterly losses of $(0.050) per share which beat the analyst consensus estimate of $(0.060) by 16.67 percent. This is a 54.55 percent increase over losses of $(0.110) per share from the same

Benzinga · 05/11/2020 20:20

Reeds (AMEX:REED) reported quarterly losses of $(0.050) per share which beat the analyst consensus estimate of $(0.060) by 16.67 percent. This is a 54.55 percent increase over losses of $(0.110) per share from the same period last year. The company reported quarterly sales of $9.500 million which beat the analyst consensus estimate of $8.660 million by 9.70 percent. This is a 12.44 percent increase over sales of $8.449 million the same period last year.