Sodastream International Ltd (SODA) Releases Earnings Results, Beats Expectations By $0.18 EPS

Sodastream International Ltd (SODA) reported quarterly earnings results on Tuesday, May-10-2016. The company said it had a profit of $0.29 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.18. Analysts had a consensus of $0.11. The company posted revenue of $100.90 million in the period, compared to analysts expectations of $88.98 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Sodastream International Ltd opened for trading at $14.61 and hit $14.9 on the upside on Friday, eventually ending the session at $14.88, with a gain of 1.02% or 0.15 points. The heightened volatility saw the trading volume jump to 2,54,306 shares. Company has a market cap of $314 M.

SodaStream International Ltd. (SodaStream) is a sparkling water company. The Company manufactures distributes and sells home beverage carbonation systems which enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water in seconds. It develops manufactures and sells sparkling water makers and exchangeable carbon-dioxide cylinders as well as consumables consisting of carbon-dioxide refills reusable carbonation bottles and flavors to add to the sparkling water. Its products are sold under the SodaStream brand name in most countries and under the Soda-Club brand name or select other brand names in certain other countries. The Company sells its products through more than 70000 individual retail stores in 45 countries including approximately 15000 retail stores in the United States. Its operational segments include The Americas Western Europe Asia-Pacific and Central and Eastern Europe Middle East and Africa (CEMEA).

Sodastream International Ltd

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