SunOpta (NASDAQ:STKL) reported its Q1 earnings results on Wednesday, May 10, 2023 at 05:00 PM.
Here’s what investors need to know about the announcement.
Earnings
SunOpta beat estimated earnings by 350.0%, reporting an EPS of $0.05 versus an estimate of $-0.02.
Revenue was down $16.29 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 8.22% increase in the share price the next day.
Here’s a look at SunOpta’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0 | 0.01 | -0.02 | |
| EPS Actual | 0.02 | 0.02 | 0.03 | 0.01 |
| Revenue Estimate | 220.60M | 311.77M | 281.97M | 280.42M |
| Revenue Actual | 221.29M | 229.66M | 243.53M | 240.17M |
To track all earnings releases for SunOpta visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
