Stryve Foods Inc reports results for the quarter ended in March - Earnings Summary

• Stryve Foods Inc SNAX reported a quarterly adjusted loss of $1.20​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $-2.25. The lone analyst forecast for the quarter was for a loss of $1.76 per share.

• Revenue fell 1% to $4.60 million from a year ago; analysts expected $4.51 million.

• Stryve Foods Inc's reported EPS for the quarter was a loss of $1.42​.

• Stryve Foods Inc shares had risen by 28.8% this quarter and lost 27.7% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for Stryve Foods Inc is $4.00

This summary was machine generated from LSEG data May 15 at 05:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)