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

Charles & Colvard

07/05/2021 21:25

* Charles & Colvard Ltd  CTHR.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of
one cent per share.
* Revenue rose 45.4% to $9.44 million from a year ago​; 
analysts expected $7.90 million.
* Charles & Colvard Ltd's reported EPS for the quarter was 3
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 risen by 10.8% this
quarter and gained 166.7% so far this year.
* The company reported quarterly net income of $1.04 million.
* Wall Street's median 12-month price target for Charles &
Colvard Ltd is $2.70 
* 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 May 7 at 08:25 p.m. GMT. ​All
figures in US Dollars.​