Westrock Coffee Co reports results for the quarter ended in December - Earnings Summary

Westrock Coffee

12/03/2024 21:57

* Westrock Coffee Co  WEST.OQ  reported a quarterly adjusted
loss
of 23 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -44 cents.  The mean expectation of
four analysts for the quarter was for breakeven results per
share. Wall Street expected results to range from -4 cents to 4
cents per share.
    * Revenue fell 5.6% to $214.97 million from a year ago;
analysts
expected $226.02 million. 
    * Westrock Coffee Co's reported EPS for the quarter was a
loss
of 23 cents​.
    * The company reported a quarterly loss of $19.96 million.
    * Westrock Coffee Co shares had fallen by 11.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the food
processing
peer group is  "buy."

Wall Street's median 12-month price target for Westrock Coffee
Co is $12.00 
This summary was machine generated from LSEG data March 12 at
09:57 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.00           -0.23          Missed
 Sep. 30 2023      0.02           0.15           Beat
 Jun. 30 2023      -0.02          -0.35          Missed
 Mar. 31 2023      -0.01          -0.06          Missed