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

The Vita Coco

09/11/2022 14:32

* Vita Coco Company Inc  COCO.OQ  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 15 cents per share.
    * Revenue rose 7.2% to $124.04 million from a year ago;
analysts
expected $129.54 million. 
    * Vita Coco Company Inc's reported EPS for the quarter was
13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Vita Coco Company Inc shares had fallen by 19.1% this
quarter and lost 17.5% so far this year.
    * The company reported quarterly net income of $7.26
million.
    * Wall Street's median 12-month price target for Vita Coco
Company
Inc is $14.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.15           0.13           Missed
 Jun. 30 2022      0.08           0.02           Missed
 Mar. 31 2022      0.02           0.04           Beat
 Dec. 31 2021      -0.06          -0.06          Met