Recap: Westrock Coffee Q3 Earnings

Westrock Coffee (NASDAQ:WEST) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s what…

Westrock Coffee (NASDAQ:WEST) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

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

Earnings

Westrock Coffee beat estimated earnings by 650.0%, reporting an EPS of $0.15 versus an estimate of $0.02.

Revenue was down $10.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.33 which was followed by a 5.14% drop in the share price the next day.

Here’s a look at Westrock Coffee’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.02 -0.01 0.09 0.06
EPS Actual -0.35 -0.10 -0.11 -0.41
Revenue Estimate 239.13M 219.23M 232.27M 227.60M
Revenue Actual 224.70M 205.44M 227.72M 230.31M

To track all earnings releases for Westrock Coffee visit their earnings calendar here.

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

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