Benzinga | May 18, 2021 04:17PM EDT

Summer Infant Q1 EPS $0.40 Up From $(0.16) YoY, Sales $36.20M Miss $47.68M Estimate

Summer Infant (NASDAQ:SUMR) reported quarterly earnings of $0.40 per share. This is a 350 percent increase over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $36.20 million which missed the analyst consensus estimate of $47.68 million by 24.08 percent. This is a 10.26 percent decrease over sales of $40.34 million the same period last year.