KushCo (KSHB) to Release Quarterly Earnings on Wednesday

KushCo (OTCMKTS:KSHB) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, July 8th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter.

KushCo (OTCMKTS:KSHB) last posted its earnings results on Thursday, April 9th. The company reported ($0.16) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.05). The company had revenue of $30.14 million for the quarter, compared to analysts’ expectations of $30.30 million. KushCo had a negative net margin of 51.46% and a negative return on equity of 42.41%. On average, analysts expect KushCo to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

KSHB stock opened at $0.74 on Tuesday. The company has a quick ratio of 2.06, a current ratio of 3.35 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $93.40 million, a PE ratio of -0.96 and a beta of 2.28. KushCo has a twelve month low of $0.30 and a twelve month high of $5.41. The stock has a 50-day simple moving average of $0.91 and a two-hundred day simple moving average of $1.09.

KSHB has been the subject of a number of recent analyst reports. Canaccord Genuity reaffirmed a “buy” rating and set a $1.50 target price on shares of KushCo in a report on Thursday, April 9th. Northland Securities cut shares of KushCo from an “outperform” rating to a “market perform” rating in a research report on Monday, March 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $4.17.

About KushCo

KushCo Holdings, Inc engages in the wholesale distribution of packaging supplies and customized branding solutions in the United States, Canada, and Europe. It offers pop-top bottles; child resistant exit, paper exit, and foil barrier bags; tubes; and polystyrene, silicone-lined polystyrene, and glass containers.

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Earnings History for KushCo (OTCMKTS:KSHB)

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