Yahoo Finance Flow Beverage Third Quarter 2023 Earnings: Misses Expectations
Flow Beverage (TSE:FLOW) Third Quarter 2023 Results
Key Financial Results
Revenue: CA$13.8m (up 8.4% from 3Q 2022).
Net loss: CA$11.5m (flat on 3Q 2022).
CA$0.21 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Flow Beverage Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 62%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Beverage industry in Canada.
Performance of the Canadian Beverage industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Flow Beverage is showing 4 warning signs in our investment analysis and 1 of those shouldn't be ignored...
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.
