Westrock Coffee Company (WEST) Reports Q3 Loss, Lags Revenue Estimates
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Westrock Coffee Company (WEST) reported a Q3 loss of $0.05 per share, matching the Zacks Consensus Estimate, but higher than the $0.03 loss per share from the previous year. The company also lagged behind revenue estimates.
November 08, 2024 | 12:45 am
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Westrock Coffee Company reported a Q3 loss of $0.05 per share, in line with expectations but worse than last year's $0.03 loss. The company also missed revenue estimates.
The reported loss per share was in line with expectations, but the increase from last year's loss and the missed revenue estimates are likely to negatively impact investor sentiment and the stock price in the short term.
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