Vintage Wine Estates (NASDAQ:VWE) reported its Q2 earnings results on Tuesday, March 12, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Vintage Wine Estates missed estimated earnings by -525.0%, reporting an EPS of $-0.75 versus an estimate of $-0.12.
Revenue was down $10.00 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 21.0% drop in the share price the next day.
Here's a look at Vintage Wine Estates's past performance:
| Quarter | Q1 2024 | Q4 2023 | Q2 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.09 | 0.09 | 0 |
| EPS Actual | -0.17 | -0.24 | 0.11 | -0.17 |
| Revenue Estimate | 60.59M | 66.87M | 82.70M | 71.63M |
| Revenue Actual | 73.27M | 62.10M | 77.99M | 69.48M |
To track all earnings releases for Vintage Wine Estates visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.