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Sow Good Inc. (SOWG) Reports Q3 Loss, Lags Revenue Estimates
SOWGSow Good Inc.(SOWG) ZACKS·2024-11-14 15:20

分组1 - Sow Good Inc. reported a quarterly loss of 0.33pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.33 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.17, and a significant decline from earnings of 0.04pershareayearago,resultinginanearningssurpriseof94.120.04 per share a year ago, resulting in an earnings surprise of -94.12% [1] - The company posted revenues of 3.55 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 40.77%, and down from $5.03 million in the same quarter last year [2] - Sow Good shares have underperformed the market, losing about 2.4% since the beginning of the year, while the S&P 500 gained 25.5% [3] 分组2 - The current consensus EPS estimate for the coming quarter is 0.33onrevenuesof0.33 on revenues of 17.8 million, and for the current fiscal year, it is 0.52onrevenuesof0.52 on revenues of 50.8 million [7] - The Zacks Industry Rank indicates that the Consumer Products - Discretionary sector is currently in the bottom 20% of over 250 Zacks industries, suggesting potential challenges for stocks in this category [8]