Recap: Wolverine World Wide Q1 Earnings - Wolverine World Wide (NYSE:WWW)

Wolverine World Wide WWW reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:30 AM.

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

Wolverine World Wide beat estimated earnings by 200.0%, reporting an EPS of $0.09 versus an estimate of $0.03.

Revenue was down $15.40 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 5.75% increase in the share price the next day.

Here's a look at Wolverine World Wide's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.14	0.55	0.85	0.39
EPS Actual	-0.15	0.48	0.66	0.41
Revenue Estimate	663.79M	710.20M	738.35M	603.12M
Revenue Actual	665.00M	691.40M	713.60M	614.80M

To track all earnings releases for Wolverine World Wide visit their earnings calendar here.

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