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