Reed’s, Inc. (OTCMKTS:REED – Free Report) – Analysts at Roth Capital decreased their FY2027 earnings per share estimates for Reed’s in a report issued on Sunday, May 18th. Roth Capital analyst S. Mcgowan now forecasts that the company will earn $0.00 per share for the year, down from their previous forecast of $0.02. Roth Capital currently has a “Buy” rating on the stock. The consensus estimate for Reed’s’ current full-year earnings is ($1.22) per share.
Reed’s (OTCMKTS:REED – Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The company had revenue of $10.03 million during the quarter, compared to analyst estimates of $9.85 million.
Read Our Latest Stock Analysis on REED
Reed’s Price Performance
Shares of Reed’s stock opened at $1.18 on Tuesday. Reed’s has a 1 year low of $0.51 and a 1 year high of $1.93. The business has a 50-day moving average of $1.50 and a two-hundred day moving average of $1.17. The company has a market capitalization of $53.54 million, a P/E ratio of -0.29 and a beta of 0.49.
About Reed’s
Reed's, Inc engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's Classic Mules; Reed's Hard Ginger Ale; Reed's ready to drink products; and Virgil's handcrafted sodas.
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