Level Brands (YCBD) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Level Brands (NYSEAMERICAN:YCBD) released its quarterly earnings results on Wednesday. The company reported ($0.09) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.04), Fidelity Earnings reports. The company had revenue of $5.67 million during the quarter.

Level Brands stock traded up $0.02 during midday trading on Friday, hitting $6.21. The stock had a trading volume of 4,741 shares, compared to its average volume of 183,958. Level Brands has a 12 month low of $2.54 and a 12 month high of $8.48.

ILLEGAL ACTIVITY WARNING: “Level Brands (YCBD) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS” was originally published by Modern Readers and is the sole property of of Modern Readers. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.modernreaders.com/news/2019/05/17/level-brands-ycbd-releases-quarterly-earnings-results-misses-estimates-by-0-04-eps.html.

Level Brands Company Profile

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. The company sells its products directly to consumers through the company Website, as well as 700 non-affiliated stores in 40 states.

Featured Article: What are the benefits of investing in REITs?

Earnings History for Level Brands (NYSEAMERICAN:YCBD)

Receive News & Ratings for Level Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Level Brands and related companies with MarketBeat.com's FREE daily email newsletter.