Charlottes Web Holdings (OTC:CWBHF) reported its Q1 earnings results on Monday, May 16, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Charlottes Web Holdings missed estimated earnings by 20.0%, reporting an EPS of $-0.06 versus an estimate of $-0.05.
Revenue was down $4.05 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 7.83% increase in the share price the next day.
Here's a look at Charlottes Web Holdings's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.04 | -0.05 | -0.04 |
| EPS Actual | -0.08 | -0.01 | -0.04 | -0.10 |
| Revenue Estimate | 27.74M | 26.42M | 28.38M | 31.20M |
| Revenue Actual | 24.80M | 23.70M | 24.15M | 23.41M |
To track all earnings releases for Charlottes Web Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
