KUSHCO HOLDINGS, INC. (KSHB) Stories Q1 Loss, Lags Income Estimates

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KUSHCO HOLDINGS, INC. (KSHB) Stories Q1 Loss, Lags Income Estimates

KUSHC


KUSHCO HOLDINGS, INC. (KSHB) got here out with a quarterly lack of $0.09 per share in step with the Zacks Consensus Estimate. This compares to lack of $0.10 per share a yr in the past. These figures are adjusted for non-recurring gadgets.

1 / 4 in the past, it was anticipated that this firm would publish a lack of $0.14 per share when it really produced a lack of $0.08, delivering a shock of 42.86%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates thrice.

KUSHCO HOLDINGS, INC.Which belongs to the Zacks Diversified Operations trade, posted revenues of $34.96 million for the quarter ended November 2019, lacking the Zacks Consensus Estimate by 20.04%. This compares to year-ago revenues of $25.32 million. The corporate has topped consensus income estimates thrice during the last 4 quarters.

The sustainability of the inventory’s quick worth motion based mostly on the recently-released numbers and future…



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