• Vita Coco Company Inc COCO.OQ reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of ten analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 16 cents to 21 cents per share.

• Revenue rose 17.2% to $130.92 million from a year ago; analysts expected $125.49 million.

• Vita Coco Company Inc's reported EPS for the quarter was 31 cents​.

• The company reported quarterly net income of $18.88 million.

• Vita Coco Company Inc shares had risen by 2.9% this quarter and lost 14.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-alcoholic beverages peer group is also "buy"

• Wall Street's median 12-month price target for Vita Coco Company Inc is $35.00

This summary was machine generated from LSEG data April 30 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)