Zevia Q3 EPS $(0.16), Inline, Sales $43.09M Beat $39.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zevia (NYSE:ZVIA) reported Q3 earnings per share of $(0.16), in line with analyst consensus. The company's quarterly sales of $43.09 million beat the analyst consensus estimate of $39.57 million by 8.89 percent, but this is a 2.60 percent decrease from the same period last year.
November 07, 2023 | 12:04 pm
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Zevia's Q3 earnings met analyst expectations, and sales beat estimates but decreased compared to last year.
Zevia's earnings per share met analyst expectations, which is generally positive. However, the company's sales beat estimates but decreased compared to the same period last year, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100