Zevia (ZVIA) Reports Q3 Loss, Lags Revenue Estimates
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Zevia (ZVIA) reported a Q3 loss of $0.04 per share, which was better than the Zacks Consensus Estimate of a $0.11 loss. However, the company lagged in revenue estimates.
November 06, 2024 | 2:30 pm
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NEUTRAL IMPACT
Zevia reported a Q3 loss of $0.04 per share, better than expected, but missed revenue estimates.
Zevia's reported loss per share was better than expected, which is positive. However, missing revenue estimates could offset this positive news, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100