Benzinga | May 17, 2021 04:06PM EDT

Reed's Q1 EPS $(0.05) Misses $(0.03) Estimate, Sales $12.10M Beat $10.90M Estimate

Reed's (NASDAQ:REED) reported quarterly losses of $(0.05) per share which missed the analyst consensus estimate of $(0.03) by 66.67 percent. This is unchanged from the same period last year. The company reported quarterly sales of $12.10 million which beat the analyst consensus estimate of $10.90 million by 11.01 percent. This is a 27.06 percent increase over sales of $9.52 million the same period last year.