Level Brands (NYSEAMERICAN:YCBD) released its quarterly earnings data on Wednesday. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.04), Fidelity Earnings reports. The company had revenue of $5.67 million during the quarter.
Shares of YCBD stock traded down $0.04 on Friday, hitting $6.15. The stock had a trading volume of 388,300 shares, compared to its average volume of 186,108. Level Brands has a one year low of $2.54 and a one year high of $8.48.
COPYRIGHT VIOLATION NOTICE: This report was published by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this report on another website, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The original version of this report can be viewed at https://transcriptdaily.com/2019/05/18/level-brands-ycbd-posts-quarterly-earnings-results-misses-expectations-by-0-04-eps.html.
About Level Brands
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.
Read More: What are gap-down stocks?
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.