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

Charles & Colvard

02/09/2021 23:09

* Charles & Colvard Ltd  CTHR.OQ  reported quarterly adjusted
earnings of 27 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 27
cents per share.
* Revenue rose 119.5% to $9.73 million from a year ago; 
analysts expected $9.70 million. 
* Charles & Colvard Ltd's reported EPS for the quarter was 27
cents​.
* The mean earnings estimate of analysts had risen by
about 1,250% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Charles & Colvard Ltd shares had risen by 1.0% this
quarter and gained 144.7% so far this year.
* The company reported quarterly net income of $8.38 million.
* Wall Street's median 12-month price target for Charles &
Colvard Ltd is $3.50 
* 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 September 2 at 10:08 p.m.
 ​All figures in US dollars unless otherwise stated