The Real Good Food Company Expects Q4 Net Sales Of $65M-$72M Vs. $68.78M Estimate (83%-102% YoY Growth); Sees Q4 Adjusted EBITDA Of $4M-$6M
Portfolio Pulse from Benzinga Newsdesk
The Real Good Food Company anticipates Q4 net sales to be between $65M-$72M, compared to the $68.78M estimate, reflecting a year-over-year growth of 83%-102%. The company also projects Q4 adjusted EBITDA to be in the range of $4M-$6M.
November 10, 2023 | 2:05 pm
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POSITIVE IMPACT
The Real Good Food Company expects to outperform sales estimates with significant YoY growth and projects a healthy adjusted EBITDA for Q4.
The projected Q4 net sales and adjusted EBITDA indicate strong performance and growth, which is likely to be viewed positively by investors. The anticipated outperformance compared to the sales estimate could lead to a short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100