cbdMD, Inc. (AMEX:YCBD) is expected to report third quarter earnings results, after market close, on Wednesday 12th August 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.03 per share from revenue of $ 9.57 million.
Looking ahead, the full year income are expected at $ 0.14 per share on the revenues of $ 39.36 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 62.00 million ~ $ 70.00 million
Click Here For More Historical Outlooks Of cbdMD, Inc.
Previous Quarter Performance
cbdMD, Inc. disclosed income for the second quarter of $ 0.42 per share, from the revenue of $ 9.40 million. The quarterly earnings while revenues boosted 65.78 percent compared with the same quarter last year. Street analysts expected $ 11.33 million. The top line results fell short of analysts by $ 1.93 million or 17.03 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of cbdMD, Inc.
Stock Performance
According to the previous trading day, closing price of YCBD was $ 3.56, representing a 612.00 % increase from the 52 week low of $ 0.50 and a 31.41 % decrease over the 52 week high of $ 5.19.
The company has a market capital of $ 182.75 million and is part of the Consumer Cyclical sector and Marketing Services industry.
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Conference Call
cbdMD, Inc. will be hosting a conference call at 4:15 PM eastern time on 12th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cbdmd.com
Level Brands, Inc. produces and distributes various consumer cannabidiol (CBD) products under the cbdMD brand in the United States. Its products include tinctures, capsules, gummies, bath bombs, vape oils, topical creams, and animal treats and oils.
