Allbirds (NASDAQ:BIRD) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Allbirds beat estimated earnings by 4.55%, reporting an EPS of $-0.21 versus an estimate of $-0.22.
Revenue was down $15.41 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 29.69% increase in the share price the next day.
Here’s a look at Allbirds’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.22 | -0.24 | -0.12 | -0.17 |
| EPS Actual | -0.19 | -0.21 | -0.17 | -0.15 |
| Revenue Estimate | 66.81M | 47.94M | 96.80M | 67.78M |
| Revenue Actual | 70.48M | 54.35M | 84.18M | 72.65M |
To track all earnings releases for Allbirds visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
