Reed's Missed Consensus Estimates

Reed's (REED) reported a loss of $0.04 per share on revenue of $10.03 million for the first quarter ended March 2025. The consensus estimate was a loss of $0.03 per share on revenue of $9.85 million. The company missed consensus estimates by 33.33% while revenue grew 4.52% on a year-over-year basis.

Reeds, Inc. develops, manufactures, markets, and sells natural non-alcoholic carbonated beverages, candies and ice creams. The Company’s primary brands are Reed’s ginger brew line, Virgil’s line of root beer and Culture Club kombucha.