Recap: Envela Q1 Earnings

Envela ELA reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM.

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


Envela beat estimated earnings by 125.0%, reporting an EPS of $0.09 versus an estimate of $0.04.

Revenue was up $974 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 8.03% drop in the share price the next day.

Here's a look at Envela's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.13 0.12 0.10 0.07
EPS Actual 0.22 0.12 0.14 0.10
Revenue Estimate 47.59M 42.51M 37.75M 30.62M
Revenue Actual 47.43M 45.20M 42.64M 47.41M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Envela visit their earnings calendar here.

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

Market News and Data brought to you by Benzinga APIs
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!