Westrock Coffee (WEST) Scheduled to Post Quarterly Earnings on Thursday

Westrock Coffee (NASDAQ:WEST) is scheduled to be releasing its earnings data after the market closes on Thursday, May 9th. Analysts expect Westrock Coffee to post earnings of ($0.03) per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Westrock Coffee (NASDAQ:WEST) last announced its earnings results on Tuesday, March 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). Westrock Coffee had a negative net margin of 4.05% and a negative return on equity of 41.02%. The company had revenue of $214.97 million during the quarter, compared to the consensus estimate of $222.20 million. 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 0.3 %

WEST stock opened at $10.62 on Wednesday. The firm’s 50-day moving average is $10.02 and its two-hundred day moving average is $9.75. The company has a current ratio of 1.31, a quick ratio of 0.68 and a debt-to-equity ratio of 1.96. The company has a market capitalization of $934.88 million, a price-to-earnings ratio of -18.96 and a beta of 0.46. Westrock Coffee has a 52 week low of $6.88 and a 52 week high of $11.91.

Analysts Set New Price Targets

WEST has been the subject of a number of research analyst reports. Telsey Advisory Group restated an “outperform” rating and issued a $13.00 target price on shares of Westrock Coffee in a research report on Monday. Benchmark raised their target price on Westrock Coffee from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, March 13th.

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.