Charles & Colvard: Q2 Earnings Insights

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Charles & Colvard CTHR reported its Q2 earnings results on Thursday, February 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Charles & Colvard missed estimated earnings by 20.0%, reporting an EPS of $0.04 versus an estimate of $0.05, which surprised analysts.

Revenue was up $1.61 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 8.52% increase in the share price the next day.

Here's a look at Charles & Colvard's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.02 0.02 0.01 0.03
EPS Actual 0.03 0.03 0.03 0.09
Revenue Estimate 9.20M 8.40M 7.90M 11.30M
Revenue Actual 10.28M 9.73M 9.44M 12.15M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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