Charles & Colvard Ltd expected to post earnings of 5 cents a share - Earnings Preview

Charles & Colvard

02/02/2022 24:27

* Charles & Colvard Ltd  CTHR.OQ   CTHR.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
3. 
    * The Morrisville North Carolina-based  company is expected
to
report  a 10.3% increase in revenue to $13.4 million from $12.15
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 5 cents per share. For the same quarter last
year, the company reported earnings of 9 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 $4​, about 39.5% above​ its last closing price
of $2.42. ​​​

This summary was machine generated February 2 at 00:27 GMT.  All
figures in US dollars  unless otherwise stated