Charles & Colvard Ltd reports results for the quarter ended in December - Earnings Summary

Charles & Colvard

04/02/2022 02:14

* Charles & Colvard Ltd  CTHR.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was
for earnings of 5 cents per share.
    * Revenue rose 13.2% to $13.75 million from a year ago; 
analysts
expected $13.40 million. 
    * Charles & Colvard Ltd's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Charles & Colvard Ltd shares had fallen by 17.0% this
quarter.
    * The company reported quarterly net income of $1.17
million.
    * Wall Street's median 12-month price target for Charles &
Colvard
Ltd is $4.00 
    * 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." 

This summary was machine generated February 4 at 02:14 a.m.
 ​All figures in US dollars unless otherwise stated