Recap: Charlottes Web Holdings Q4 Earnings - Charlottes Web Holdings (OTC:CWBHF)

Charlottes Web Holdings 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.

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.

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:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.05	-0.05	-0.05	-0.04
EPS Actual	-0.10	-0.06	-0.02	-0.23
Revenue Estimate	16.90M	16.50M	17.90M	17.40M
Revenue Actual	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.