The Real Good Food Q3 EPS $(0.50) Misses $(0.17) Estimate, Sales $55.56M Miss $57.23M Estimate
Portfolio Pulse from Benzinga Newsdesk
The Real Good Food (NASDAQ:RGF) reported Q3 losses of $(0.50) per share, missing the analyst consensus estimate of $(0.17) by 194.12 percent. The company also reported quarterly sales of $55.56 million, missing the analyst consensus estimate of $57.23 million by 2.91 percent. However, this represents a 47.98 percent increase over sales from the same period last year.
November 10, 2023 | 1:13 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Real Good Food's Q3 earnings missed estimates, with losses of $(0.50) per share and sales of $55.56 million. However, sales have increased by 47.98% compared to the same period last year.
Real Good Food's Q3 earnings missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price. However, the significant YoY increase in sales could mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100