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

Charles & Colvard

31/08/2021 21:05

* Charles & Colvard Ltd  CTHR.OQ   CTHR.O  is expected to show a
rise in quarterly revenue when it reports results on September
2. 
* The Morrisville, North Carolina-based company is expected to
report   a 118.9% increase in revenue to $9.7 million from $4.43
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 2 cents per share. For the same quarter last
year, the company reported a loss of 4 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 $3.5​, about 17.1% above​ its last closing price
of $2.90. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.01        0.01       0.03      Beat    200
 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.          -0.02​      -0.02      -0.03     Missed  -50​
 31​ 2020​                                              
 Dec. 31 2019  0.04        0.04       0.03      Missed  -25​
 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 August 31 at 20:05 GMT.  All
figures in US dollars unless otherwise stated