Coffee (NASDAQ:JVA) Releases Earnings Results, Misses Estimates By $0.03 EPS

Coffee (NASDAQ:JVA) posted its quarterly earnings data on Friday. The company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.03), MarketWatch Earnings reports. The firm had revenue of $21.59 million for the quarter. Coffee had a return on equity of 0.74% and a net margin of 0.21%.

JVA stock opened at $4.05 on Friday. The business has a 50 day moving average price of $3.98 and a two-hundred day moving average price of $4.78. The company has a market cap of $22.56 million, a price-to-earnings ratio of 101.25 and a beta of 1.61. Coffee has a twelve month low of $3.53 and a twelve month high of $7.79.

Separately, ValuEngine downgraded Coffee from a “buy” rating to a “hold” rating in a report on Friday, June 7th.

About Coffee

Coffee Holding Co, Inc manufactures, roasts, packages, markets, and distributes roasted and blended coffees in the United States, Australia, Canada, England, and China. The company offers wholesale green coffee products, which include unroasted raw beans of approximately 90 varieties that are sold to large, medium, and small roasters, as well as to coffee shop operators.

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Earnings History for Coffee (NASDAQ:JVA)

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