Brokerages expect that Sodastream International Ltd (NASDAQ:SODA) will announce earnings of $0.64 per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Sodastream International’s earnings. The highest EPS estimate is $0.67 and the lowest is $0.61. Sodastream International reported earnings per share of $0.66 in the same quarter last year, which suggests a negative year-over-year growth rate of 3%. The firm is expected to announce its next quarterly earnings results on Wednesday, May 9th.
According to Zacks, analysts expect that Sodastream International will report full-year earnings of $3.43 per share for the current year, with EPS estimates ranging from $3.40 to $3.46. For the next year, analysts anticipate that the firm will report earnings of $3.87 per share, with EPS estimates ranging from $3.78 to $3.95. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Sodastream International.
Sodastream International (NASDAQ:SODA) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $1.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.35. The company had revenue of $157.66 million during the quarter, compared to analysts’ expectations of $151.57 million. Sodastream International had a return on equity of 16.37% and a net margin of 13.69%. The firm’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.71 earnings per share.
Shares of Sodastream International (SODA) traded up $1.42 during midday trading on Wednesday, hitting $89.83. The stock had a trading volume of 272,351 shares, compared to its average volume of 279,389. The stock has a market capitalization of $10,630.00, a PE ratio of 7.94 and a beta of 1.17. Sodastream International has a one year low of $45.60 and a one year high of $90.28.
A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Sodastream International by 7.4% during the second quarter. Vanguard Group Inc. now owns 6,128 shares of the company’s stock valued at $328,000 after buying an additional 421 shares during the period. Envestnet Asset Management Inc. boosted its stake in Sodastream International by 55.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,519 shares of the company’s stock valued at $177,000 after buying an additional 894 shares during the period. Steinberg Global Asset Management boosted its stake in Sodastream International by 12.7% during the fourth quarter. Steinberg Global Asset Management now owns 8,703 shares of the company’s stock valued at $612,000 after buying an additional 982 shares during the period. Wasatch Advisors Inc. boosted its stake in Sodastream International by 1.4% during the fourth quarter. Wasatch Advisors Inc. now owns 75,000 shares of the company’s stock valued at $5,276,000 after buying an additional 1,000 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in Sodastream International by 79.8% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,416 shares of the company’s stock valued at $161,000 after buying an additional 1,072 shares during the period. 55.78% of the stock is owned by institutional investors.
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About Sodastream International
SodaStream International Ltd. is a sparkling water company. The Company manufactures, distributes and sells home beverage carbonation systems, which enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The Company’s segments include The Americas, Western Europe, Asia-Pacific, and Central and Eastern Europe, Middle East and Africa (CEMEA).
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