Coffee (JVA) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Coffee (NASDAQ:JVA) posted its quarterly earnings results on Monday. The company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.01), Bloomberg Earnings reports. Coffee had a net margin of 0.61% and a return on equity of 1.83%. The company had revenue of $21.73 million for the quarter.

Shares of Coffee (JVA) traded up $0.01 during mid-day trading on Wednesday, reaching $4.25. 3,552 shares of the company traded hands, compared to its average volume of 8,960. The stock has a market capitalization of $24.00, a price-to-earnings ratio of 53.38 and a beta of 1.51. Coffee has a 12 month low of $3.76 and a 12 month high of $5.09.

Separately, Maxim Group reaffirmed a “buy” rating and set a $7.00 price target on shares of Coffee in a research note on Wednesday, December 13th.

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About Coffee

Coffee Holding Co, Inc is a wholesale coffee roaster and dealer in the United States. The Company is engaged in manufacturing, roasting, packaging, marketing and distributing roasted and blended coffees for private labeled accounts and its own brands, and it sells green coffee. The Company’s products can be divided into three categories: Wholesale Green Coffee, Private Label Coffee and Branded Coffee.

Earnings History for Coffee (NASDAQ:JVA)

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