Why National Beverage Stock Dropped, Then Popped
National Beverage stock has lots of problems right now, and no good solutions.
Overview
National Beverage (NASDAQ: FIZZ) stock, which owns the popular LaCroix sparkling water brand, tumbled 6.3% in early trading on the Nasdaq Friday before reversing course and rising. As of 10:30 a.m. ET, National Beverage stock is back in the green -- up 1.4%.
Image source: Getty Images.
The reason, as you might guess, is earnings. National Beverage reported its fiscal Q1 2027 results last night, and the news wasn't great. Analysts had forecast National Beverage to earn $0.59 per share in the quarter, but the most the company could muster up was $0.50.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.