Zevia PBC (NYSE:ZVIA – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02, FiscalAI reports. The business had revenue of $48.34 million during the quarter, compared to the consensus estimate of $44.80 million. Zevia PBC had a negative net margin of 4.79% and a negative return on equity of 15.21%.
Here are the key takeaways from Zevia PBC’s conference call:
- Third-quarter results beat expectations: Net sales rose 18.4% to $48.3 million, driven by club-channel volume, e-commerce strength and pricing; adjusted EBITDA loss narrowed to $0.9 million from $1.7 million a year earlier.
- Zevia raised its 2026 outlook, forecasting net sales of $177 million–$179 million and adjusted EBITDA between break-even and a $0.4 million loss. The company ended the quarter with $29.5 million in cash and said its subsequent $20 million equity investment will bring cash on hand to about $50 million.
- The company reported early traction from its growth initiatives, including a 4% increase in food-channel dollar velocity, strong sell-through of its Cherry Lime online exclusive, and plans to expand singles distribution and test programs at Target and Sam’s Club.
- Management expects fourth-quarter sales growth of about 2% at the midpoint and an adjusted EBITDA loss of $0.5 million–$0.9 million. It plans to launch two to three products outside traditional soda in the second half of 2027, with broader rollout in 2028; supporting innovation is expected to increase near-term marketing spend, though management says the new products should improve margins over time.
Zevia PBC Stock Up 13.5%
ZVIA traded up $0.18 on Friday, reaching $1.54. 407,686 shares of the company traded hands, compared to its average volume of 718,447. Zevia PBC has a one year low of $1.11 and a one year high of $2.78. The firm has a fifty day simple moving average of $1.27 and a two-hundred day simple moving average of $1.42. The company has a market cap of $119.42 million, a P/E ratio of -12.87 and a beta of 0.96.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the company. Weiss Ratings raised Zevia PBC from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, October 26th. Wall Street Zen downgraded Zevia PBC from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Zevia PBC presently has a consensus rating of “Hold” and a consensus price target of $4.50.
Get Our Latest Stock Report on Zevia PBC
Zevia PBC Company Profile
Zevia PBC is a beverage company that develops and markets zero-sugar, zero-calorie drinks made without artificial sweeteners. Its portfolio is centered on Zevia Soda, a line of naturally sweetened carbonated soft drinks available in flavors such as cola, citrus, root beer and ginger ale.
The company also offers Zevia Energy drinks and other beverage products designed for consumers seeking alternatives to traditional soft drinks. Zevia products use plant-based sweeteners, including stevia, and are generally positioned as beverages with simple ingredients and no artificial colors.
Founded in 2007, Zevia sells its products primarily in the United States and Canada through grocery stores, mass merchants, warehouse clubs, natural and specialty retailers, convenience stores, online channels and food-service distributors.
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