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Stock market today: Asian stocks follow Wall St up after strong US jobs report
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
US, UK navies say they responded to distress call as Iran's Revolutionary Guard 'harassed' ship
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
US, UK navies say they responded to distress call as Iran's Revolutionary Guard 'harassed' ship
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
Laser breakthrough could send stock soaring 2,467% (Ad)
US, UK navies say they responded to distress call as Iran's Revolutionary Guard 'harassed' ship
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
NYSE:REED

Reed's (REED) Stock Forecast, Price & News

$3.23
+0.23 (+7.67%)
(As of 06/2/2023 08:49 PM ET)
Compare
Today's Range
$3.20
$3.64
50-Day Range
$2.00
$3.65
52-Week Range
$1.50
$11.60
Volume
2,800 shs
Average Volume
20,503 shs
Market Capitalization
$8.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

REED stock logo

About Reed's (NYSE:REED) Stock

Reed's, Inc. engages in the manufacture and distribution of carbonated and non-carbonated beverages. Its product lines include Reed's Ginger Brews, Virgil's Root Beer, and Flying Caldron Butterscotch Beer. The company was founded by Christopher J. Reed in June 1987 and is headquartered in Norwalk, CT.

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REED Stock News Headlines

Reed's (NYSE:REED) Announces Earnings Results
"Chilling War Games Show US Forces Crushed" – FOX NEWS
=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>
Reed's, Inc.: Reed's Reports First Quarter 2023 Results
Reed's: Q1 Earnings Insights
From the Archives: May 31 in the Pioneer
Reed's (REED) to Release Earnings on Thursday
"Chilling War Games Show US Forces Crushed" – FOX NEWS
=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>
Reed's (NYSE:REED) Coverage Initiated at StockNews.com
Reviewing Reed's (REED) & Its Rivals
StockNews.com Begins Coverage on Reed's (NYSE:REED)
Reed's (REED) and Its Rivals Critical Analysis
Head to Head Analysis: Reed's (REED) and Its Rivals
Analyzing Reed's (REED) and Its Peers
Comparing Reed's (REED) and The Competition
Contrasting Reed's (REED) & The Competition
See More Headlines

REED Price History

REED Company Calendar

Last Earnings
6/01/2023
Today
6/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$-20,060,000.00
Pretax Margin
-37.81%

Debt

Sales & Book Value

Annual Sales
$53.04 million
Book Value
($3.40) per share

Miscellaneous

Free Float
1,824,000
Market Cap
$8.40 million
Optionable
Optionable
Beta
1.58

Key Executives

  • Norman E. Snyder
    Chief Executive Officer & Director
  • Damian Warshall
    Vice President-Operations
  • Joann Tinnelly
    Chief Financial Officer, VP & Controller
  • Christopher J. Reed
    Chief Innovation Officer
  • Christopher Burleson
    Chief Commercial Officer













REED Stock - Frequently Asked Questions

How have REED shares performed in 2023?

Reed's' stock was trading at $0.0698 at the start of the year. Since then, REED shares have increased by 4,527.5% and is now trading at $3.23.
View the best growth stocks for 2023 here
.

How were Reed's' earnings last quarter?

Reed's, Inc. (NYSE:REED) posted its earnings results on Thursday, June, 1st. The company reported ($1.70) earnings per share for the quarter, missing the consensus estimate of ($1.02) by $0.68. The firm earned $11.16 million during the quarter, compared to analysts' expectations of $14.12 million. Reed's had a negative net margin of 35.75% and a negative trailing twelve-month return on equity of 1,582.74%.

What guidance has Reed's issued on next quarter's earnings?

Reed's updated its FY 2023 earnings guidance on Sunday, June, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $68.95M-, compared to the consensus revenue estimate of $62.61 million.

What is Reed's' stock symbol?

Reed's trades on the New York Stock Exchange (NYSE) under the ticker symbol "REED."

How do I buy shares of Reed's?

Shares of REED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Reed's' stock price today?

One share of REED stock can currently be purchased for approximately $3.23.

How much money does Reed's make?

Reed's (NYSE:REED) has a market capitalization of $8.40 million and generates $53.04 million in revenue each year. The company earns $-20,060,000.00 in net income (profit) each year or ($8.19) on an earnings per share basis.

How can I contact Reed's?

Reed's' mailing address is 201 MERRITT 7, NORWALK CT, 06851. The official website for the company is drinkreeds.com. The company can be reached via phone at (800) 997-3337, via email at ir@reedsinc.com, or via fax at 310-217-9411.

This page (NYSE:REED) was last updated on 6/5/2023 by MarketBeat.com Staff

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