Referenced Stocks

UPDATE: Coffee Holding Brewing Strong Gains on Improved Q3 Profit, Revenues Beat Analyst Estimate

By Midnight Trader September 12, 2012, 02:28:24 PM EDT

Coffee Holding Co. ( JVA ) is up 18% to $8.71, but off a day's high of $9.07, after the company reported Q3 earnings of $0.19 per share, compared with the prior-year period's $0.03. This may not be comparable to the single analyst estimate on Capital IQ consensus of $0.01.

Revenues were $44.5 mln, up 24.3% from $35.8 mln in the same period last year, versus the single analyst estimate of $36 mln.

JVA trades in a 52-week range of $4.88 - $21.18. Shares have fallen 56% in the last 12 months.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: JVA



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