Splash Beverage Group Inc (SBEV, Financial) is set to release its Q3 2024 earnings on Nov 25, 2024. The consensus estimate for Q3 2024 revenue is $2.56 million, and the earnings are expected to come in at -$0.09 per share. The full year 2024's revenue is expected to be $9.99 million and the earnings are expected to be -$0.36 per share. More detailed estimate data can be found on the Forecast page.
Splash Beverage Group Inc (SBEV, Financial) Estimates Trends
Revenue estimates for Splash Beverage Group Inc (SBEV) have declined from $12.52 million to $9.99 million for the full year 2024. For 2025, revenue estimates have increased from $20.95 million to $28.19 million over the past 90 days. Earnings estimates for the full year 2024 have decreased from -$0.34 per share to -$0.36 per share. Meanwhile, for 2025, earnings estimates have improved from -$0.27 per share to -$0.23 per share over the past 90 days.
Splash Beverage Group Inc (SBEV, Financial) Reported History
In the previous quarter ending 2024-09-30, Splash Beverage Group Inc's (SBEV) actual revenue was $0.98 million, which missed analysts' revenue expectations of $2.56 million by -61.64%. Splash Beverage Group Inc's (SBEV) actual earnings were -$0.08 per share, which beat analysts' earnings expectations of -$0.085 per share by 5.88%. After releasing the results, Splash Beverage Group Inc (SBEV) was flat in one day.
Splash Beverage Group Inc (SBEV, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Splash Beverage Group Inc (SBEV) is $1 with a high estimate of $1 and a low estimate of $1. The average target implies an upside of 376.19% from the current price of $0.21.
Based on GuruFocus estimates, the estimated GF Value for Splash Beverage Group Inc (SBEV, Financial) in one year is $0.71, suggesting an upside of 238.10% from the current price of $0.21.
Based on the consensus recommendation from 2 brokerage firms, Splash Beverage Group Inc's (SBEV, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
