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

Charles & Colvard

01/09/2022 22:01

* Charles & Colvard Ltd  CTHR.OQ  reported quarterly
breakeven
results​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of one cent per
share.
    * Revenue fell 4.3% to $9.30 million from a year ago;
analysts
expected $7.90 million. 
    * Charles & Colvard Ltd's reported EPS for the quarter was
breakeven results​.
    * 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 risen by 4.1% this
quarter and
lost 56.1% so far this year.
    * The company reported quarterly net income of $40.77
thousand.
    * Wall Street's median 12-month price target for Charles &
Colvard
Ltd is $2.00 
    * 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 from Refinitiv data September
1 at 09:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.01          0.00           Beat
 Mar. 31 2022      0.01           0.01           Met
 Dec. 31 2021      0.05           0.04           Missed
 Sep. 30 2021      0.02           0.03           Beat