Lifeway Foods (NASDAQ:LWAY) reported its Q3 earnings results on Monday, November 13, 2023 at 09:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Lifeway Foods beat estimated earnings by 43.75%, reporting an EPS of $0.23 versus an estimate of $0.16.
Revenue was up $2.76 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 9.07% increase in the share price the next day.
Here’s a look at Lifeway Foods’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.08 | 0.07 | 0.01 |
| EPS Actual | 0.21 | 0.06 | 0.05 | 0.06 |
| Revenue Estimate | 37.50M | 36.00M | 39.00M | 33.50M |
| Revenue Actual | 39.23M | 37.90M | 35.84M | 38.14M |
To track all earnings releases for Lifeway Foods visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
