Investing.com - Waterloo Brewing reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Waterloo Brewing announced earnings per share of C$0.02 on revenue of C$29.5M. Analysts polled by Investing.com anticipated EPS of C$0.09 on revenue of C$33.55M.
Waterloo Brewing shares are down 21.86% from the beginning of the year , still down 41.49% from its 52 week high of C$7.76 set on Friday, September 17, 2021. They are under-performing the EUR/USD which is down 0% year to date.
Waterloo Brewing shares gained 1.00% in intra-day trade the report.
Waterloo Brewing follows other major Consumer Staples sector earnings this month
Waterloo Brewing's report follows an earnings matched by Metro Inc. on Wednesday, August 10, 2022, who reported EPS of C$1.18 on revenue of C$5.87B, compared to forecasts EPS of C$1.18 on revenue of C$5.87B.
North West had missed expectations on Wednesday with second quarter EPS of C$0.6714 on revenue of C$578.9M, compared to forecast for EPS of C$0.688 on revenue of C$577.6M.
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