Bitter after downbeat results

Coffee Holding

13/03/2019 15:25

** Coffee roaster's shares  JVA.O  down 11.3 pct at $5.94 
    ** Co's Q1 sales of $23.63 mln misses est of $26.60 mln,
according to IBES data from Refinitiv; its third straight qtr of
sales miss  urn:newsml:reuters.com:*:nGNX1v4Bxl
    ** Q1 profit of 6 cents/shr missed analysts' est of 12
cents/shr, hit by pricing pressure due to increased competition
and higher freight and operating costs
    ** Up to Tuesday's close, JVA had risen ~80 pct in the last
three months

 (Reporting by Soundarya J in Bengaluru)
 ((Reuters Messaging:
soundarya.j.thomsonreuters.com@reuters.net))