Kaival Brands Innovations: Q2 Earnings Insights
Portfolio Pulse from Benzinga Insights
Kaival Brands Innovations (NASDAQ:KAVL) reported Q2 earnings with an EPS of $-0.07, missing estimates by 600.0%. Revenue was down $60 thousand from the same period last year.

June 14, 2023 | 9:20 pm
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Kaival Brands Innovations' Q2 earnings missed estimates by 600.0%, reporting an EPS of $-0.07. Revenue was down $60 thousand YoY.
Kaival Brands Innovations' Q2 earnings significantly missed estimates, with an EPS of $-0.07 compared to the expected $-0.01. This negative surprise, combined with a decrease in revenue from the same period last year, is likely to have a negative short-term impact on the stock price.
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