Level Brands (YCBD) Announces Quarterly Earnings Results
Level Brands (NYSEAMERICAN:YCBD) announced its quarterly earnings data on Wednesday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.04), Fidelity Earnings reports. The business had revenue of $5.67 million during the quarter.
Shares of NYSEAMERICAN:YCBD traded down $0.04 during trading on Friday, hitting $6.15. 388,300 shares of the company traded hands, 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: “Level Brands (YCBD) Announces Quarterly Earnings Results” was first reported by Marea Informative and is owned by of Marea Informative. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.mareainformativa.com/news/2019/05/17/level-brands-ycbd-announces-quarterly-earnings-results.html.
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: Why do company’s buyback their stock?
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.