Charlottes Web Holdings (OTC:CWBHF) reported its Q4 earnings results on Thursday, March 24, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Charlottes Web Holdings missed estimated earnings by 60.0%, reporting an EPS of $-0.08 versus an estimate of $-0.05.
Revenue was down $2.13 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 7.33% drop in the share price the next day.
Here's a look at Charlottes Web Holdings's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.05 | -0.04 | |
| EPS Actual | -0.01 | -0.04 | -0.10 | -0.11 |
| Revenue Estimate | 26.42M | 28.38M | 31.20M | 27.55M |
| Revenue Actual | 23.70M | 24.15M | 23.41M | 26.93M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
