Coffee Holding Q3 EPS $0.11 Up From $(0.02) YoY; Net Sales $18.813M Up From $15.764M YoY
Portfolio Pulse from Benzinga Newsdesk
Coffee Holding reported a significant improvement in its Q3 earnings, with EPS rising to $0.11 from a loss of $0.02 year-over-year. Net sales also increased to $18.813 million from $15.764 million, indicating strong financial performance.
September 16, 2024 | 1:05 pm
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Coffee Holding's Q3 results show a positive turnaround with EPS at $0.11, up from a loss of $0.02 last year, and net sales increasing to $18.813M from $15.764M.
The significant improvement in EPS from a loss to a profit and the increase in net sales suggest strong financial health and operational efficiency, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100