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

Charles & Colvard

03/05/2022 19:32

* Charles & Colvard Ltd  CTHR.OQ   CTHR.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 5. 
    * The Morrisville North Carolina-based  company is expected
to
report  a 8.1% increase in revenue to $10.2 million from $9.44
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 earnings of 1 cent per share. For the same quarter last
year, the company reported earnings of 3 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 $3.25​, above​ its last closing price of $1.37. ​​​

This summary was machine generated May 3 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated