* National Beverage Corp reported quarterly adjusted earnings of 61 cents per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of two analysts for the quarter was for earnings of 60 cents per share.
* Revenue rose 1.6% to $329.47 million from a year ago; analysts expected $330.72 million.
* National Beverage Corp's reported EPS for the quarter was 61 cents.
* The company reported quarterly net income of $56.78 million.
* National Beverage Corp shares had fallen by 10.0% this quarter and lost 0.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 5.3% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the non-alcoholic beverages peer group is "sell."
Wall Street's median 12-month price target for National Beverage Corp is 46.00 This summary was machine generated from LSEG data September 5 at 08:54 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jul. 31 2024 0.60 0.61 Beat
Apr. 30 2024 0.47 0.47 Met
Jan. 31 2024 0.41 0.42 Beat
Oct. 31 2023 0.47 0.47 Met
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