Investors and market participants can look forward to the unveiling of The Vita Coco Company (NASDAQ: COCO) third quarter financial results on Wednesday 30th October 2024. This important update will be made available before market open.
In accordance with the predictions of financial analysts on Wall Street, the enterprise is on track to report an expected per share of $0.26 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $139.38 million for this quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $505.92 million. Additionally, they are expecting the company to achieve a per share profit of $0.85 for the fiscal year 2024.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.26. This considerable sum was attributed to the company's total revenue, which reached an impressive $138.06 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.32 | +3.2% | 144.12 M | +3.2% |
| Q1 2024 | $0.24 | +100.0% | 111.70 M | +1.8% |
| Q4 2023 | $0.11 | +57.1% | 106.14 M | +15.4% |
| Q3 2023 | $0.26 | +100.0% | 138.06 M | +11.3% |
| Q2 2023 | $0.31 | +1,450.0% | 139.65 M | +21.1% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 08:30 AM eastern time to review the Q3 2024 financial results.
Monday's trading saw The Vita Coco Company (COCO) shares hit a low of $29.00 and a high of $30.15, with a day volume of 437.30 thousand shares. The stock closed the regular trading session at $29.60, indicating 0.58 percent upturn.
