Reeds (REED) Scheduled to Post Earnings on Tuesday

Reeds (NASDAQ:REED) will be releasing its earnings data after the market closes on Tuesday, May 14th. Analysts expect Reeds to post earnings of ($0.08) per share for the quarter.

Reeds (NASDAQ:REED) last announced its quarterly earnings data on Thursday, March 28th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.04). The company had revenue of $9.63 million during the quarter, compared to the consensus estimate of $9.52 million.

Shares of NASDAQ:REED opened at $3.78 on Monday. Reeds has a 52-week low of $1.90 and a 52-week high of $4.05.

Separately, R. F. Lafferty assumed coverage on Reeds in a research note on Friday. They issued a “buy” rating and a $5.00 price objective on the stock.

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Reeds Company Profile

Reed's, Inc develops, manufactures, markets, and sells natural hand-crafted beverages and candies in the United States, Canada, Asia, Europe, Australia, and South America. Its products include Reed's ginger beers; Virgil's root beer and cream sodas; Flying Cauldron Butterscotch Beer; and Sonoma Sparkler branded sparkling juices.

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Earnings History for Reeds (NASDAQ:REED)

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