Recap: Kaspien Holdings Q2 Earnings

 

Kaspien HoldingsKSPN stock fell by 5.58% on Wednesday after the company reported its Q2 earnings results on Tuesday, September 14, 2021 at 04:05 PM.

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

Earnings

Kaspien Holdings missed their estimated earnings by 0.0%, which did not surprise analysts.

Revenue was up $7,406,000 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $-0.02, which was followed by a 7.34% drop in the share price the next day.

Here's a look at Kaspien Holdings's past performance and the resulting price change:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate -0.47 -0.59 -0.59    
EPS Actual -0.47 -0.61 -0.07 -0.54 -0.49
Price Change % -5.58% -7.34% -10.75% 5.52% -2.15%

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Kaspien Holdings earnings and revenue guidance hasn't been issued for now.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

Posted In: BZI-RecapsEarningsNews