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Charles & Colvard's Earnings Outlook

CTHR is set to give its latest quarterly earnings report on Thursday , 2021-09-02. Here's what investors need to know before the announcement. Analysts estimate that Charles & Colvard will likely report an Earnings Per Share (EPS) of $0.02

Benzinga · 09/01/2021 11:11

CTHR is set to give its latest quarterly earnings report on Thursday , 2021-09-02. Here's what investors need to know before the announcement.

Analysts estimate that Charles & Colvard will likely report an Earnings Per Share (EPS) of $0.02

Charles & Colvard bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by $200.0, which was followed by a 13.72 drop in the share price the next day.

Here's a look at Charles & Colvard's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.01 0.03 -0.03 -0.07
EPS Actual 0.03 0.09 0.03 -0.04
Revenue Estimate 7.90 M 11.30 M 5.70 M 2.60 M
Revenue Actual 9.44 M 12.15 M 7.93 M 4.43 M

eps graph

Stock Performance

Shares of Charles & Colvard were trading at $2.86 as of August 31. Over the last 52-week period, shares are up 324.26%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here