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.
COPYRIGHT VIOLATION NOTICE: “Coffee (JVA) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/01/31/coffee-jva-releases-quarterly-earnings-results-misses-expectations-by-0-01-eps.html.
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.
Receive News & Ratings for Coffee Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coffee and related companies with MarketBeat.com's FREE daily email newsletter.