Benzinga | Mar 30, 2021 04:08PM EDT

Reed's Q4 EPS $(0.05) Misses $(0.04) Estimate, Sales $10.70M Beat $9.26M Estimate

Reed's (NASDAQ:REED) reported quarterly losses of $(0.05) per share which missed the analyst consensus estimate of $(0.04) by 25 percent. This is a 44.44 percent increase over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $10.70 million which beat the analyst consensus estimate of $9.26 million by 15.55 percent. This is a 49.63 percent increase over sales of $7.15 million the same period last year.