What is Roth Capital’s Estimate for Reed’s FY2027 Earnings?

Reed’s, Inc. (OTCMKTS:REED) – Stock analysts at Roth Capital issued their FY2027 earnings estimates for Reed’s in a research report issued to clients and investors on Thursday, March 27th. Roth Capital analyst S. Mcgowan anticipates that the company will post earnings per share of $0.02 for the year. The consensus estimate for Reed’s’ current full-year earnings is ($1.22) per share.

Reed’s (OTCMKTS:REED) last posted its quarterly earnings data on Tuesday, March 25th. The company reported ($0.23) EPS for the quarter. The company had revenue of $9.73 million during the quarter, compared to the consensus estimate of $8.68 million.

Separately, StockNews.com started coverage on Reed’s in a research note on Tuesday, February 25th. They issued a “sell” rating on the stock.

Reed’s Trading Down 2.4 %

Shares of Reed’s stock opened at $1.39 on Friday. Reed’s has a 1-year low of $0.51 and a 1-year high of $2.42. The business has a 50-day moving average price of $1.29 and a two-hundred day moving average price of $1.10. The company has a market cap of $11.35 million, a P/E ratio of -0.34 and a beta of 0.96.

Reed’s Company Profile

Reed's, Inc engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's Classic Mules; Reed's Hard Ginger Ale; Reed's ready to drink products; and Virgil's handcrafted sodas.