Recap: Charlottes Web Holdings Q4 Earnings

Charlottes Web Holdings (OTC:CWBHF) reported its Q4 earnings results on Thursday, March 21, 2024 at 07:07 AM.

Here's what investors need to know about the announcement.

Earnings

Charlottes Web Holdings beat estimated earnings by 14.000000000000002%, reporting an EPS of $-0.06 versus an estimate of $-0.07.

Revenue was down $3.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 3.0% drop in the share price the next day.

Here's a look at Charlottes Web Holdings's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022EPS EstimateEPS ActualRevenue EstimateRevenue Actual
-0.05 -0.05 -0.05 -0.04 -0.10 -0.06 -0.02 -0.23 16.90M 16.50M 17.90M 17.40M 14.29M 16.01M 17.01M 18.90M

To track all earnings releases for Charlottes Web Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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