Winc Reports Fourth Quarter and Full Year 2021 Financial Results
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Winc (WBEV) PT Lowered to $10 at Canaccord Genuity
March 30, 2022 8:50 AM EDTCanaccord Genuity analyst Bobby Burleson lowered the price target on Winc (NYSE: WBEV) to $10.00 (from $14.00) while maintaining a Buy rating.
The analyst commented, "Winc delivered modest top-line upside in Q4 on healthy wholesale velocity and better than anticipated DTC performance. While adjusted... More
Winc, Inc. (WBEV) Tops Q4 EPS by 17c
March 29, 2022 4:11 PM EDTWinc, Inc. (NYSE: WBEV) reported Q4 EPS of ($0.73), $0.17 better than the analyst estimate of ($0.90). Revenue for the quarter came in at $18.5 million versus the consensus estimate of $17.03 million.
As of December 31, 2021, the Company had cash of $4.9 million and no outstanding borrowings compared to cash of... More
