The Duckhorn Portfolio stock gains 4% on Q3 beat & lifted outlook
The Duckhorn Portfolio stock gains 4% on Q3 beat & lifted outlook
NAPA
+1.10%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
The Duckhorn Portfolio, Inc. (NAPA) shares rose more than 4% after-hours following the company’s reported Q3 earnings, with EPS of $0.16 coming in better than the consensus estimate of $0.12. Revenue fell 0.4% year-over-year to $91.2 million, beating the consensus estimate of $89.79M.
“Given our consistent out-performance year-to-date and confidence in sustained momentum for the balance of the year, we are pleased to again be upwardly revising our Fiscal 2023 guidance,” said CEO Alex Ryan.
For 2023, the company expects EPS in the range of $0.64-$0.66, compared to the consensus of $0.64, and revenue in the range of $400-$404M, compared to the consensus of $402.56M.
