Vintage Wine Estates Q4 EPS $(0.24) Misses $(0.09) Estimate, Sales $62.10M Miss $66.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vintage Wine Estates (NASDAQ:VWE) reported Q4 losses of $(0.24) per share, missing the analyst consensus estimate of $(0.09) by 166.67%. This is a 241.18% decrease over earnings of $0.17 per share from the same period last year. The company also reported quarterly sales of $62.10 million, missing the analyst consensus estimate of $66.87 million by 7.13%. This is a 17.79% decrease over sales of $75.54 million the same period last year.
October 13, 2023 | 8:53 pm
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Vintage Wine Estates reported a significant miss on both EPS and sales for Q4. EPS was $(0.24), missing the estimate of $(0.09) and sales were $62.10M, missing the estimate of $66.87M.
Vintage Wine Estates reported a significant miss on both EPS and sales for Q4. This is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
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