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

Charles & Colvard

05/05/2021 01:19

* Charles & Colvard Ltd  CTHR.OQ   CTHR.O  is expected to show
a rise in quarterly revenue when it reports results on May 6.
* The Morrisville, North Carolina-based company is expected to
report   a 21.7% increase in revenue to $7.9 million from $6.49
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 cents per share. For the same quarter last
year, the company reported a loss of 3 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* 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 $2.7​, about 28.5% below​ its last closing price
of $3.47. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.03        0.03       0.09      Beat    200
 Sep. 30 2020  -0.03       -0.03      0.03      Beat    200
 Jun. 30 2020  -0.07       -0.07      -0.04     Beat    42.9​
 Mar. 31 2020  -0.02       -0.02      -0.03     Missed  -50
 Dec.          0.04​       0.04       0.03      Missed  -25​
 31​ 2019​                                              
 Sep. 30 2019  0.00        0.00       0.01      Beat    ​
 Jun. 30 2019  0.00        0.00       0.01      Beat    
 This summary was machine generated May 5 at 00:19 GMT.  All
figures in US dollars unless otherwise stated