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

Charles & Colvard

02/02/2023 23:39

* Charles & Colvard Ltd  CTHR.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in December.
The lone analyst forecast for the quarter was for a loss of one
cent per share.
    * Revenue fell 24.6% to $10.37 million from a year ago;
analysts
expected $11.00 million. 
    * Charles & Colvard Ltd's reported EPS for the quarter was a
loss
of 3 cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Charles & Colvard Ltd shares had risen by 12.8% this
quarter.
    * The company reported a quarterly loss of $1.04 million.
    * Wall Street's median 12-month price target for Charles &
Colvard
Ltd is $1.10 
    * 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 from Refinitiv data February
2 at 11:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.01          -0.03          Missed
 Sep. 30 2022      -0.02          -0.03          Missed
 Jun. 30 2022      -0.01          0.00           Beat
 Mar. 31 2022      0.01           0.01           Met