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

Charles & Colvard

04/11/2021 22:32

* Charles & Colvard Ltd  CTHR.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 2 cents per share.
* Revenue rose 29.7% to $10.28 million from a year ago; 
analysts expected $9.20 million. 
* Charles & Colvard Ltd's reported EPS for the quarter was 3
cents​.
* The mean earnings estimate of analysts had fallen by about 50%
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 5.0% this
quarter and gained 156.1% so far this year.
* The company reported quarterly net income of $827 thousand.
* 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 November 4 at 10:32 p.m.
 ​All figures in US dollars unless otherwise stated