Westrock Coffee (NASDAQ:WEST – Get Free Report) is set to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Westrock Coffee (NASDAQ:WEST – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.16). The company had revenue of $208.39 million for the quarter, compared to analyst estimates of $214.40 million. Westrock Coffee had a negative return on equity of 18.20% and a negative net margin of 5.37%. The firm’s quarterly revenue was down 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.21) earnings per share. On average, analysts expect Westrock Coffee to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Westrock Coffee Stock Up 0.2 %
Shares of WEST opened at $6.62 on Thursday. The company has a market capitalization of $585.01 million, a PE ratio of -12.04 and a beta of 0.39. Westrock Coffee has a 12 month low of $5.28 and a 12 month high of $11.21. The stock’s 50-day moving average price is $7.09 and its two-hundred day moving average price is $9.01. The company has a current ratio of 1.31, a quick ratio of 0.67 and a debt-to-equity ratio of 4.05.
Insider Activity
Analyst Upgrades and Downgrades
Several research analysts have commented on WEST shares. Craig Hallum started coverage on Westrock Coffee in a report on Monday, September 23rd. They set a “buy” rating and a $13.00 target price on the stock. Truist Financial started coverage on Westrock Coffee in a research note on Monday, October 7th. They issued a “buy” rating and a $10.00 price objective on the stock. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $12.20.
Get Our Latest Research Report on WEST
About Westrock Coffee
Westrock Coffee Company, LLC operates as an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the United States and internationally. It operates through two segments, Beverage Solutions, and Sustainable Sourcing & Traceability (SS&T). The Beverage Solutions segment provides various packaging, including branded and private label coffee in bags, fractional packs, and single serve cups, as well as extract solutions for applications in cold brew and ready-to-drink offerings.
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