TH International (NASDAQ:THCH) Announces Quarterly Earnings Results, Misses Expectations By $0.19 EPS

TH International (NASDAQ:THCH) posted its quarterly earnings results on Tuesday. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.19), Zacks reports. The business had revenue of $45.56 million during the quarter, compared to analysts’ expectations of $50.91 million.

TH International Trading Up 11.7 %

Shares of THCH opened at $2.58 on Wednesday. The company’s fifty day simple moving average is $2.93 and its 200 day simple moving average is $10.56. TH International has a 1-year low of $2.15 and a 1-year high of $7.20. The company has a market cap of $85.61 million, a price-to-earnings ratio of -1.01 and a beta of 0.51.

About TH International

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.