Zevia PBC (ZVIA) to Release Quarterly Earnings on Wednesday

Zevia PBC (NYSE:ZVIA) is set to release its earnings data before the market opens on Wednesday, November 6th. Analysts expect Zevia PBC to post earnings of ($0.11) per share for the quarter. Zevia PBC has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Zevia PBC (NYSE:ZVIA) last issued its earnings results on Wednesday, August 7th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.04. The business had revenue of $40.43 million for the quarter, compared to analyst estimates of $39.59 million. Zevia PBC had a negative net margin of 16.98% and a negative return on equity of 44.31%. During the same period last year, the company posted ($0.08) earnings per share. On average, analysts expect Zevia PBC to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zevia PBC Stock Performance

Shares of NYSE:ZVIA opened at $1.17 on Wednesday. The firm has a market cap of $85.07 million, a PE ratio of -2.34 and a beta of 0.68. The firm’s 50 day simple moving average is $1.09 and its 200-day simple moving average is $0.95. Zevia PBC has a one year low of $0.62 and a one year high of $2.42.

Insider Activity at Zevia PBC

In related news, major shareholder White Pine Llc sold 26,510 shares of Zevia PBC stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $1.18, for a total transaction of $31,281.80. Following the transaction, the insider now directly owns 1,577,628 shares of the company’s stock, valued at $1,861,601.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 12.55% of the stock is currently owned by corporate insiders.

About Zevia PBC

Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated beverages in the United States and Canada. It offers soda, energy drinks, organic tea, and kidz drinks. The company offers its products through a network of food, drug, warehouse club, mass, natural, convenience, and e-commerce channels, as well as grocery distributors and natural product stores and specialty outlets.