SodaStream Shares Halted On Negative Preliminary Guidance

Shares of SodaStream International Ltd. SODA are currently halted pre-market Tuesday due to negative preliminary earnings results.

The company has reported revenue of $125 million and operating income to be roughly $8.5 million versus Capital IQ estimates of $153 million and $17 million respectively.

Daniel Birnbaum stated,"We are very disappointed in our recent performance."

SodaStream is scheduled to report actual third quarter 2014 results on October 29, 2014.