Vita Coco Q2 EPS $0.32 Beats $0.29 Estimate, Sales $144.12M Beat $143.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vita Coco (NASDAQ:COCO) reported Q2 earnings per share of $0.32, beating the analyst estimate of $0.29. Sales were $144.12 million, slightly above the $143.96 million estimate. Both earnings and sales showed year-over-year growth.
July 31, 2024 | 11:10 am
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Vita Coco reported Q2 EPS of $0.32, beating estimates by 10.34%. Sales were $144.12M, slightly above estimates. Both metrics showed year-over-year growth.
Vita Coco's better-than-expected earnings and sales figures, along with year-over-year growth, are likely to positively impact the stock price in the short term.
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