Brokerages Anticipate Sodastream International Ltd (SODA) Will Announce Earnings of $1.18 Per Share

Equities research analysts predict that Sodastream International Ltd (NASDAQ:SODA) will post $1.18 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Sodastream International’s earnings, with the highest EPS estimate coming in at $1.24 and the lowest estimate coming in at $1.09. Sodastream International reported earnings per share of $0.87 in the same quarter last year, which indicates a positive year over year growth rate of 35.6%. The company is expected to issue its next earnings report on Wednesday, November 7th.

On average, analysts expect that Sodastream International will report full-year earnings of $4.45 per share for the current financial year, with EPS estimates ranging from $4.31 to $4.60. For the next financial year, analysts anticipate that the firm will post earnings of $5.19 per share, with EPS estimates ranging from $4.93 to $5.40. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Sodastream International.

Sodastream International (NASDAQ:SODA) last announced its quarterly earnings results on Wednesday, August 1st. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.41. The firm had revenue of $171.49 million during the quarter, compared to analyst estimates of $147.93 million. Sodastream International had a return on equity of 17.48% and a net margin of 14.69%. Sodastream International’s quarterly revenue was up 31.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 earnings per share.



A number of analysts recently issued reports on SODA shares. BidaskClub upgraded Sodastream International from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 12th. B. Riley lowered Sodastream International from a “buy” rating to a “hold” rating and upped their target price for the stock from $126.00 to $144.00 in a report on Tuesday, August 21st. ValuEngine upgraded Sodastream International from a “buy” rating to a “strong-buy” rating in a report on Monday, August 20th. Zacks Investment Research lowered Sodastream International from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 10th. Finally, Susquehanna Bancshares upped their target price on Sodastream International from $118.00 to $147.00 and gave the stock a “positive” rating in a report on Thursday, August 2nd. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $120.60.

Shares of NASDAQ SODA opened at $143.45 on Wednesday. The company has a market capitalization of $3.24 billion, a P/E ratio of 43.60, a PEG ratio of 4.28 and a beta of 1.45. Sodastream International has a 52-week low of $61.62 and a 52-week high of $143.47.

Institutional investors have recently bought and sold shares of the business. CenterStar Asset Management LLC purchased a new stake in Sodastream International during the second quarter worth $105,000. JPMorgan Chase & Co. lifted its holdings in Sodastream International by 52.8% during the first quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock worth $170,000 after buying an additional 638 shares during the period. Cerebellum GP LLC purchased a new stake in Sodastream International during the third quarter worth $185,000. Cornerstone Wealth Management LLC purchased a new stake in Sodastream International during the second quarter worth $191,000. Finally, Paloma Partners Management Co purchased a new stake in Sodastream International during the second quarter worth $212,000. Institutional investors own 59.23% of the company’s stock.

About Sodastream International

SodaStream International Ltd., together with its subsidiaries, manufactures, distributes, and sells home beverage carbonation systems. Its home beverage carbonation systems enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The company offers sparkling water makers and exchangeable carbon-dioxide (CO2) cylinders, as well as consumables, including CO2 refills, reusable carbonation bottles, and flavors; and accessories for its products that are manufactured by third parties.

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Earnings History and Estimates for Sodastream International (NASDAQ:SODA)

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