SodaStream International Ltd. makes beverage carbonation systems which transforms tap water into soft drinks and sparkling water.
The growing popularity of sparkling water is driving SodaStream, as its cost effective beverage carbonation systems help consumers transform ordinary tap water into soft drinks and sparkling water.
Investors should also note that earnings estimate has been stable ahead of this earnings release. Also, the stock has an impressive earnings history. SODA delivered positive earnings surprise in all of the past four quarters, bringing the average positive earnings surprise to 126.15%.
Currently, SODA has a Zacks Rank #3 (Hold), but that could definitely change following SodaStream’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: SODA beats earnings estimates by 73.7%. Our consensus earnings estimate called for EPS of 38 cents/share, and the company reported EPS of 66 cents instead. Earnings per share increased 127.6% year over year. Investors should note that these figures take out stock option expenses.
Revenues: SODA reported revenues of $115.3 million. This beat our consensus estimate of $109.76 million. Revenue increased 14.3% on a year over year basis.
Key Stats to Note: Revenues from sparkling water maker starter kits increased 37% on a year over year basis.
SodaStream International Ltd. Price and EPS Surprise
Check back later for our full write up on this VMC earnings report later!
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SodaStream (SODA) Surpasses Q1 Earnings & Sales Estimates
SodaStream International Ltd. makes beverage carbonation systems which transforms tap water into soft drinks and sparkling water.
The growing popularity of sparkling water is driving SodaStream, as its cost effective beverage carbonation systems help consumers transform ordinary tap water into soft drinks and sparkling water.
Investors should also note that earnings estimate has been stable ahead of this earnings release. Also, the stock has an impressive earnings history. SODA delivered positive earnings surprise in all of the past four quarters, bringing the average positive earnings surprise to 126.15%.
Currently, SODA has a Zacks Rank #3 (Hold), but that could definitely change following SodaStream’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: SODA beats earnings estimates by 73.7%. Our consensus earnings estimate called for EPS of 38 cents/share, and the company reported EPS of 66 cents instead. Earnings per share increased 127.6% year over year. Investors should note that these figures take out stock option expenses.
Revenues: SODA reported revenues of $115.3 million. This beat our consensus estimate of $109.76 million. Revenue increased 14.3% on a year over year basis.
Key Stats to Note: Revenues from sparkling water maker starter kits increased 37% on a year over year basis.
SodaStream International Ltd. Price and EPS Surprise
SodaStream International Ltd. Price and EPS Surprise | SodaStream International Ltd. Quote
Check back later for our full write up on this VMC earnings report later!
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>