Vita Coco Company Inc expected to post earnings of 29 cents a share - Earnings Preview

The Vita Coco

29/07/2024 17:15

* Vita Coco Company Inc  COCO.OQ   COCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 31
for the period ending June 30 2024
    * The New York City-based  company is expected to report a
3.1% increase in revenue to $143.961 million from $139.65
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vita Coco Company Inc is
for
earnings of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Vita Coco
Company
Inc is $31.00​, above​ its last closing price of $24.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.17        0.17       0.24      Beat    38.5
 Dec. 31 0001  0.08        0.08       0.11      Beat    39.7
 Jan. 1 0001   0.24        0.25       0.26      Beat    6.1​
 Jan. 1 0001   0.18        0.18       0.31      Beat    69.1
 ​​Mar.        0.07        0.07       0.12      Beat    68
 31 2023                                                
 Dec. 31 2022  0.05        0.05       -0.05     Missed  -208.3
                                                        ​
 Jan. 1 0001   0.15        0.15       0.13      Missed  -13.3
 Jan. 1 0001   0.08        0.08       0.02      Missed  -73.6
 This summary was machine generated July 29 at 16:15 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)