Kaspien Holdings(NASDAQ:KSPN) stock fell by 5.58% on Wednesday after the company reported its Q2 earnings results on Tuesday, September 14, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Kaspien Holdings missed their estimated earnings by 0.0%, which did not surprise analysts.
Revenue was up $7,406,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $-0.02, which was followed by a 7.34% drop in the share price the next day.
Here’s a look at Kaspien Holdings’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|---|
| EPS Estimate | -0.47 | -0.59 | -0.59 | ||
| EPS Actual | -0.47 | -0.61 | -0.07 | -0.54 | -0.49 |
| Price Change % | -5.58% | -7.34% | -10.75% | 5.52% | -2.15% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Kaspien Holdings earnings and revenue guidance hasn’t been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
