Charlottes Web Holdings Q2 EPS $(0.02), Inline, Sales $10.855M Miss $12.100M Estimate
Charlottes Web Holdings (TSX:CWEB) reported quarterly losses of $(0.02) per share which met the analyst consensus estimate. This is a 50 percent increase over losses of $(0.04) per share from the same period last year.
Charlotte's Web made less money than people expected this quarter, but it lost less money than it did last year—which shows things are slowly getting better. When a company is improving even if sales fall short, watch to see if that trend keeps going.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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