Coffee (NASDAQ:JVA) posted its earnings results on Friday, September 14th. The company reported $0.00 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.07), Bloomberg Earnings reports. Coffee had a return on equity of 3.91% and a net margin of 1.13%. The business had revenue of $23.44 million for the quarter.
NASDAQ JVA opened at $4.38 on Tuesday. The stock has a market cap of $24.84 million, a P/E ratio of 26.00 and a beta of 1.21. Coffee has a twelve month low of $3.65 and a twelve month high of $5.75.
Separately, ValuEngine upgraded Coffee from a “hold” rating to a “buy” rating in a research note on Wednesday, June 27th.
Coffee Holding Co, Inc manufactures, roasts, packages, markets, and distributes roasted and blended coffees in the United States, Canada, Australia, 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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