DAVIDsTEA (DTEA) Scheduled to Post Earnings on Thursday

DAVIDsTEA (NASDAQ:DTEA) will be releasing its earnings data after the market closes on Thursday, December 7th. Analysts expect DAVIDsTEA to post earnings of ($0.11) per share for the quarter.

DAVIDsTEA (NASDAQ:DTEA) last issued its quarterly earnings results on Thursday, September 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.02. DAVIDsTEA had a positive return on equity of 1.51% and a negative net margin of 3.98%. The company had revenue of $45.70 million for the quarter, compared to analyst estimates of $44.32 million. During the same quarter last year, the company posted ($0.09) EPS. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. On average, analysts expect DAVIDsTEA to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

DAVIDsTEA (NASDAQ DTEA) opened at $4.05 on Wednesday. DAVIDsTEA has a 52 week low of $4.00 and a 52 week high of $10.00. The stock has a market capitalization of $118.27 and a price-to-earnings ratio of 58.57.

Separately, Zacks Investment Research lowered DAVIDsTEA from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $6.42.

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DAVIDsTEA Company Profile

DAVIDsTEA Inc is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com.

Earnings History for DAVIDsTEA (NASDAQ:DTEA)

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