Vita Coco Company Inc expected to post earnings of 8 cents a share - Earnings Preview

The Vita Coco

26/02/2024 14:19

* Vita Coco Company Inc  COCO.OQ   COCO.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
28 for the period ending December 31 2023
    * The New York City-based  company is expected to report a
8.3% increase in revenue to $99.63 million from $91.99 million a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Vita Coco Company Inc is
for
earnings of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Vita Coco
Company
Inc is $29.00​, above​ its last closing price of $21.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.24        0.25       0.26      Beat    6.1
 Jun. 30 2023  0.18        0.18       0.31      Beat    69.1
 Mar. 31 2023  0.07        0.07       0.12      Beat    68​
 Dec. 31 2022  0.05        0.05       -0.05     Missed  -208.3
 ​​Sep.        0.15        0.15       0.13      Missed  -13.3
 30 2022                                                
 Jun. 30 2022  0.08        0.08       0.02      Missed  -73.6​
 Mar. 31 2022  0.01        0.02       0.04      Beat    166.7
 Dec. 31 2021  -0.06       -0.06      -0.06     Met     3.4
 This summary was machine generated February 26 at 14:19 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)