Charles & Colvard Ltd expected to post a loss of 1  cent a share - Earnings Preview

Charles & Colvard

30/08/2022 21:08

* Charles & Colvard Ltd  CTHR.OQ   CTHR.O  is expected
to show a
fall in quarterly revenue when it reports  results on September
1. 
    * The Morrisville North Carolina-based  company is expected
to
report  a 18.8% decrease in revenue to $7.9 million from $9.73
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Charles & Colvard
Ltd is
for a loss of 1 cent per share. For the same quarter last year,
the company reported earnings of 27 cents per share.
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Charles &
Colvard
Ltd is $2​, above​ its last closing price of $1.29. ​​​

This summary was machine generated August 30 at 20:08 GMT.  All
figures in US dollars  unless otherwise stated