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

Charles & Colvard

04/11/2022 01:56

* Charles & Colvard Ltd  CTHR.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in September.
The lone analyst forecast for the quarter was for a loss of 2
cents per share.
    * Revenue fell 28.3% to $7.37 million from a year ago;
analysts
expected $7.30 million. 
    * Charles & Colvard Ltd's reported EPS for the quarter was a
loss
of 3 cents​.
    * The mean earnings estimate of analysts had fallen by
about 100%
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 5.3% this
quarter and
lost 64.7% so far this year.
    * The company reported a quarterly loss of $890.19 thousand.
    * Wall Street's median 12-month price target for Charles &
Colvard
Ltd is $1.75 
    * 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 November
4 at 01:56 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.05           0.04           Missed