Vita Coco Company Inc reports results for the quarter ended in March - Earnings Summary

The Vita Coco

11/05/2022 23:22

* Vita Coco Company Inc  COCO.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 2 cents per share.
    * Revenue was $96.45 million​;  analysts expected $94.99
million. 
    * Vita Coco Company Inc's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 71.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Vita Coco Company Inc shares had risen by 28.9% this
quarter and
gained 3.4% so far this year.
    * The company reported quarterly net income of $2.23
million.
    * Wall Street's median 12-month price target for Vita Coco
Company
Inc is $15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 11 at 10:22 p.m.  ​All
figures in US dollars unless otherwise stated