Laird Superfood (NYSEAMERICAN:LSF) Posts Quarterly Earnings Results, Misses Estimates By $0.11 EPS

Laird Superfood (NYSEAMERICAN:LSF) released its quarterly earnings data on Thursday. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.11), FiscalAI reports. Laird Superfood had a negative net margin of 3.93% and a negative return on equity of 9.33%.

Laird Superfood Trading Up 0.4%

LSF stock traded up $0.01 during trading on Thursday, hitting $2.25. 127,466 shares of the company’s stock were exchanged, compared to its average volume of 82,445. The business has a 50-day moving average price of $2.79 and a two-hundred day moving average price of $3.49. The stock has a market capitalization of $24.05 million, a price-to-earnings ratio of -12.50 and a beta of 2.42. Laird Superfood has a 52-week low of $1.98 and a 52-week high of $7.94.

Institutional Trading of Laird Superfood

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new position in shares of Laird Superfood in the 4th quarter valued at $57,000. XTX Topco Ltd lifted its position in Laird Superfood by 71.5% in the fourth quarter. XTX Topco Ltd now owns 19,691 shares of the company’s stock valued at $44,000 after acquiring an additional 8,209 shares during the last quarter. Mink Brook Asset Management LLC boosted its stake in Laird Superfood by 159.8% in the fourth quarter. Mink Brook Asset Management LLC now owns 222,432 shares of the company’s stock valued at $494,000 after acquiring an additional 136,826 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Laird Superfood during the fourth quarter worth about $73,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Laird Superfood by 24.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 31,943 shares of the company’s stock worth $71,000 after purchasing an additional 6,178 shares in the last quarter. Institutional investors and hedge funds own 8.56% of the company’s stock.

About Laird Superfood

Laird Superfood, Inc (NYSE American: LSF) is a consumer wellness company specializing in plant-based superfood and functional beverage products. Founded in 2015 by big-wave surfer and entrepreneur Laird Hamilton, the company develops creamers, coffees, hydration mixes and culinary superfood blends designed to deliver energy, focus and nutritional support. Laird Superfood’s offerings leverage premium ingredients such as coconut milk, aquamin sea minerals, functional mushrooms and adaptogens to address growing consumer demand for clean-label, nutrient-rich alternatives.

The company’s core product lines include coconut-based coffee creamers, plant-based creamers, instant coffee blends combined with superfood ingredients, hydration mixes and culinary seasonings.