Equities research analysts predict that Covia Holdings (NASDAQ:CVIA) will announce earnings per share (EPS) of $0.29 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Covia’s earnings. The lowest EPS estimate is $0.16 and the highest is $0.36. The firm is expected to issue its next earnings results before the market opens on Wednesday, November 14th.
According to Zacks, analysts expect that Covia will report full-year earnings of $1.07 per share for the current fiscal year, with EPS estimates ranging from $0.88 to $1.46. For the next year, analysts anticipate that the firm will report earnings of $0.58 per share, with EPS estimates ranging from ($0.13) to $1.57. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Covia.
Covia (NASDAQ:CVIA) last released its quarterly earnings results on Tuesday, August 14th. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by ($0.62). The company had revenue of $508.42 million for the quarter, compared to the consensus estimate of $595.59 million. The business’s revenue for the quarter was up 56.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.
Shares of NASDAQ CVIA opened at $6.40 on Wednesday. Covia has a 52-week low of $6.35 and a 52-week high of $30.00.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Stonebridge Capital Management Inc. purchased a new position in shares of Covia in the third quarter worth about $187,000. United Services Automobile Association purchased a new position in shares of Covia in the second quarter worth about $2,147,000. Northern Trust Corp purchased a new position in shares of Covia in the second quarter worth about $7,529,000. WealthTrust Fairport LLC purchased a new position in shares of Covia in the second quarter worth about $164,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Covia in the second quarter worth about $34,098,000.
There is no company description available for Covia Holdings Corp.
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