Kaival Brands Innovations (NASDAQ:KAVL) reported its Q2 earnings results on Wednesday, June 14, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Kaival Brands Innovations missed estimated earnings by 600.0%, reporting an EPS of $-0.07 versus an estimate of $-0.01.
Revenue was down $60 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 8.75% increase in the share price the next day.
Here’s a look at Kaival Brands Innovations’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.05 | -0.12 | -0.08 |
| EPS Actual | -0.05 | -0.02 | -0.09 | -0.16 |
| Revenue Estimate | 3.01M | 5.00M | 3.50M | 2.00M |
| Revenue Actual | 2.50M | 3.01M | 3.85M | 3.06M |
Listen to the earnings announcement yourself by clicking here.
To track all earnings releases for Kaival Brands Innovations visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
