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

Westrock Coffee

09/08/2023 23:16

* Westrock Coffee Co  WEST.OQ  reported a quarterly adjusted
loss
of 35 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss of 2
cents per share.
    * Revenue was $224.69 million​; analysts expected $239.13
million. 
    * Westrock Coffee Co's reported EPS for the quarter was a
loss
of 35 cents​.
    * The mean earnings estimate of analysts had fallen by
about 233.4% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Westrock Coffee Co shares had fallen by 1.2% this
quarter and
lost 19.6% so far this year.
    * The company reported a quarterly loss of $26.72 million.
    * Wall Street's median 12-month price target for Westrock
Coffee
Co is $14.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          -0.35          Missed
 Mar. 31 2023      -0.01          -0.06          Missed
 Dec. 31 2022      0.09           -0.44          Missed
 Sep. 30 2022      0.06           -0.41          Missed