Charles & Colvard Ltd expected to post a loss of 2 cents a share - Earnings Preview

Charles & Colvard

02/11/2022 02:03

* Charles & Colvard Ltd  CTHR.OQ   CTHR.O  is expected
to show a
fall in quarterly revenue when it reports  results on November
3. 
    * The Morrisville North Carolina-based  company is expected
to
report  a 29.0% decrease in revenue to $7.3 million from $10.28
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 2 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 $1.75​, above​ its last closing price of $1.01. ​​​

This summary was machine generated November 2 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated