Yahoo Finance Flow Beverage Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Flow Beverage (TSE:FLOW) Second Quarter 2024 Results
Key Financial Results
Revenue: CA$12.1m (down 14% from 2Q 2023).
Net loss: CA$7.03m (loss narrowed by 31% from 2Q 2023).
CA$0.10 loss per share (improved from CA$0.18 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Flow Beverage EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 33%.
Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Beverage industry in North America.
Performance of the market in Canada.
The company's shares are up 5.0% from a week ago.
Risk Analysis
We should say that we've discovered 6 warning signs for Flow Beverage (2 make us uncomfortable!) that you should be aware of before investing here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
