Recap: Leslies Q2 Earnings

Leslies (NASDAQ:LESL) reported its Q2 earnings results on Wednesday, May 3, 2023 at 04:05 PM. Here’s what investors…

Leslies (NASDAQ:LESL) reported its Q2 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

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

Earnings

Leslies missed estimated earnings by 27.27%, reporting an EPS of $-0.14 versus an estimate of $-0.11.

Revenue was down $15.23 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 10.41% drop in the share price the next day.

Here’s a look at Leslies’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate -0.12 0.31 0.74 -0.02
EPS Actual -0.14 0.35 0.68 -0.01
Revenue Estimate 178.99M 470.44M 691.60M 207.87M
Revenue Actual 195.10M 475.59M 673.63M 228.07M

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

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

Total
0
Shares
Related Posts
Read More

IM Cannabis Doubles Down On Germany Following Legalization Policy Change, Reports YoY Drop In Q1 Gross Profit And Revenue

IM Cannabis reported a 13% sequential increase in revenue for the three months ended March 31, 2024, hitting CA$10.7 million ($7.8 million). That is, however, a 4% decrease compared to the same quarter of last year.Oren Shuster, the company's CEO, said IM Cannabis will double down on Germany, now that recent approvals from both the German Bundesrat and Bundestag legalized the possession of marijuana.

CSE:IMCC