Vita Coco Q2 EPS $0.82 Beats $0.54 Estimate, Sales $216.153M Beat $210.644M Estimate
Vita Coco (NASDAQ:COCO) reported quarterly earnings of $0.82 per share which beat the analyst consensus estimate of $0.54 by 51.85 percent. This is a 115.79 percent increase over earnings of $0.38 per share from the
Vita Coco made way more money than people expected—earning $0.82 per share instead of $0.54, and selling more coconut water products too. When a company beats expectations like this, it shows the business is doing better than most thought, which is worth paying attention to.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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