Charles & Colvard Ltd. (NASDAQ:CTHR) is reporting fourth quarter earnings results on Thursday 3rd September 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.07 per share.
For the full year, analysts predict revenues of $ 27.40 million, while looking forward to loss of $ 0.06 per share.
Previous Quarter Performance
Charles & Colvard Ltd. disclosed loss for the third quarter of $ 0.21 per share, from the revenue of $ 6.49 million. Wall street analysts are predicting, CTHR to report 3Q20 loss of $ 0.02 per share from revenue of $ 6.00 million. The top line results outshined analysts by $ 0.49 million or 8.17 percent.
Stock Performance
Shares of Charles & Colvard Ltd. traded low $ 0.00 or -0.10 percent on Wednesday, reaching $ 0.69 with volume of 317.90 thousand shares. The stock opened positive for the day at $ 0.69, after closing the previous day trading at $ 0.69.
According to the previous trading day, closing price of $ 0.69, representing a 15.00 % increase from the 52 week low of $ 0.60 and a 58.43 % decrease over the 52 week high of $ 1.66.
The company has a market capital of $ 20.04 million and is part of the Consumer Cyclical sector and Luxury Goods industry.
Conference Call
Charles & Colvard Ltd. will be hosting a conference call at 4:30 PM eastern time on 3rd September 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 844-875-6912 U.S. or 412-317-6708 (International), with passcode : Charles & Colvard, Ltd. Conference Call in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.webcaster4.com/Webcast/Page/346/36419
Charles & Colvard, Ltd. manufactures, markets, and distributes moissanite jewels and finished jewelry featuring moissanite worldwide. The company offers near-colorless moissanite jewels cut in various shapes, including round, square brilliant, princess, cushion, radiant, pear, marquise, heart, and oval in sizes ranging from approximately 1.3 to 12 millimeters.
