Splash Beverage Group Q1 EPS $(0.15) Misses $(0.12) Estimate, Sales $5.80M Miss $6.11M Estimate
Portfolio Pulse from Benzinga Newsdesk
Splash Beverage Group (SBEV) reported Q1 losses of $(0.15) per share, missing the $(0.12) estimate by 25%. Quarterly sales were $5.80M, missing the $6.11M estimate by 5.07%, but increased 47.70% YoY.
June 06, 2023 | 1:19 pm
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SBEV reported Q1 losses of $(0.15) per share, missing estimates by 25%. Sales were $5.80M, missing estimates by 5.07%, but increased 47.70% YoY.
SBEV's Q1 earnings missed analyst estimates for both EPS and sales, which could negatively impact the stock price in the short term. However, the YoY increase in sales may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100