Charles & Colvard (NASDAQ:CTHR) reported its Q2 earnings results on Thursday, February 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Charles & Colvard missed estimated earnings by 20.0%, reporting an EPS of $0.04 versus an estimate of $0.05, which surprised analysts.
Revenue was up $1.61 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 8.52% increase in the share price the next day.
Here's a look at Charles & Colvard's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | 0.02 | 0.01 | 0.03 |
| EPS Actual | 0.03 | 0.03 | 0.03 | 0.09 |
| Revenue Estimate | 9.20M | 8.40M | 7.90M | 11.30M |
| Revenue Actual | 10.28M | 9.73M | 9.44M | 12.15M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
