SunOpta: Q1 Earnings Insights

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SunOpta STKL reported its Q1 earnings results on Wednesday, May 10, 2023 at 05:00 PM.

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

Earnings

SunOpta beat estimated earnings by 350.0%, reporting an EPS of $0.05 versus an estimate of $-0.02.

Revenue was down $16.29 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 8.22% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0 0.01 -0.02
EPS Actual 0.02 0.02 0.03 0.01
Revenue Estimate 220.60M 311.77M 281.97M 280.42M
Revenue Actual 221.29M 229.66M 243.53M 240.17M

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

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

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