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

The Vita Coco

31/10/2023 13:31

* Vita Coco Company Inc  COCO.OQ  reported quarterly
adjusted
earnings of 26 cents​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for earnings of 25 cents per share.
    * Revenue rose 11.3% to $138.06 million from a year ago;
analysts
expected $139.05 million. 
    * Vita Coco Company Inc's reported EPS for the quarter was
26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.1%
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 fallen by 10.3% this
quarter and gained 69.1% so far this year.
    * The company reported quarterly net income of $15.16
million.
    * Wall Street's median 12-month price target for Vita Coco
Company
Inc is $29.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.25           0.26           Beat
 Jun. 30 2023      0.18           0.31           Beat
 Mar. 31 2023      0.07           0.12           Beat
 Dec. 31 2022      0.05           -0.05          Missed