Solo Brands: Q1 Earnings Insights - Solo Brands (NYSE:DTC)

Solo Brands DTC reported its Q1 earnings results on Thursday, May 4, 2023 at 06:50 AM.

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

Solo Brands beat estimated earnings by 77.78%, reporting an EPS of $0.16 versus an estimate of $0.09.

Revenue was up $6.00 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 21.19% increase in the share price the next day.

Here's a look at Solo Brands's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.23	0.07	0.28	0.08
EPS Actual	0.33	0.15	0.40	0.19
Revenue Estimate	156.40M	85.14M	122.74M	84.50M
Revenue Actual	197.24M	102.16M	136.02M	82.20M

To track all earnings releases for Solo Brands visit their earnings calendar here.

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