What is Roth Capital’s Forecast for Reed’s FY2027 Earnings?

Reed’s, Inc. (OTCMKTS:REED) – Equities research analysts at Roth Capital issued their FY2027 earnings per share (EPS) estimates for Reed’s in a report released on Thursday, March 27th. Roth Capital analyst S. Mcgowan forecasts that the company will post earnings of $0.02 per share for the year. The consensus estimate for Reed’s’ current full-year earnings is ($1.22) per share.

Separately, StockNews.com started coverage on Reed’s in a research note on Tuesday, February 25th. They set a “sell” rating on the stock.

Reed’s Stock Performance

Shares of REED stock opened at $1.39 on Friday. Reed’s has a 52 week low of $0.51 and a 52 week high of $2.42. The company has a market capitalization of $11.38 million, a price-to-earnings ratio of -0.34 and a beta of 0.96. The company has a 50-day simple moving average of $1.30 and a 200 day simple moving average of $1.10.

Reed’s (OTCMKTS:REED) last announced its quarterly earnings results on Tuesday, March 25th. The company reported ($0.23) earnings per share (EPS) for the quarter. The business had revenue of $9.73 million during the quarter, compared to analyst estimates of $8.68 million.

Reed’s Company Profile

Reed's, Inc engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's Classic Mules; Reed's Hard Ginger Ale; Reed's ready to drink products; and Virgil's handcrafted sodas.