Cumberland CPIX releases its next round of earnings this Tuesday, August 11. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.
Earnings and Revenue
Analysts predict Cumberland will report earnings of $0.03 per share on revenue of $9.27 million. Cumberland reported a profit of $0.1 per share when it published results during the same quarter last year. Sales in that period totaled $11.58 million. If the company were to match the consensus estimate when it reports Tuesday, earnings would be down 70.0%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | 0.01 | 0.11 | 0.07 |
| EPS Actual | 0.01 | 0.09 | 0.01 | 0.10 |
| Revenue Estimate | 9.46 M | 11.34 M | 12.65 M | 12.59 M |
| Revenue Actual | 8.33 M | 13.68 M | 10.37 M | 11.58 M |
Stock Performance
Over the last 52-week period, shares are down 40.51%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Cumberland is scheduled to hold the call at 16:30:00 ET and can be accessed here: http://investor.shareholder.com/cpix/events.cfm
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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