Coconut water company The Vita Coco Company (NASDAQ: COCO) will be announcing earnings results this Wednesday before market hours. Here’s what to look for.
Vita Coco beat analysts’ revenue expectations by 4.8% last quarter, reporting revenues of $168.8 million, up 17.1% year on year. It was a mixed quarter for the company, with a solid beat of analysts’ revenue estimates but full-year revenue guidance slightly missing analysts’ expectations.
Is Vita Coco a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Vita Coco’s revenue to grow 19.1% year on year to $158.3 million, a reversal from the 3.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.31 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Vita Coco has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Vita Coco’s peers in the beverages, alcohol, and tobacco segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Tilray delivered year-on-year revenue growth of 4.7%, beating analysts’ expectations by 2.7%, and Constellation Brands reported a revenue decline of 15%, topping estimates by 0.5%. Tilray’s stock price was unchanged after the results while Constellation Brands was up 1%.
Read our full analysis of Tilray’s results here and Constellation Brands’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the beverages, alcohol, and tobacco stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.4% on average over the last month. Vita Coco is down 5.4% during the same time and is heading into earnings with an average analyst price target of $43.78 (compared to the current share price of $40.50).
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