-$0.27 EPS Expected for Covia Holdings (CVIA) This Quarter
Wall Street analysts expect Covia Holdings (NASDAQ:CVIA) to announce earnings of ($0.27) per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Covia’s earnings. The highest EPS estimate is ($0.19) and the lowest is ($0.33). The business is expected to announce its next earnings report on Wednesday, February 13th.
According to Zacks, analysts expect that Covia will report full year earnings of $0.68 per share for the current fiscal year, with EPS estimates ranging from $0.14 to $1.05. For the next fiscal year, analysts expect that the firm will post earnings of ($0.57) per share, with EPS estimates ranging from ($1.55) to $0.10. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Covia.
Covia (NASDAQ:CVIA) last announced its quarterly earnings results on Wednesday, November 14th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.21). The company had revenue of $523.40 million during the quarter, compared to the consensus estimate of $615.07 million. Covia’s revenue for the quarter was up 50.5% compared to the same quarter last year.
In related news, Director William E. Conway acquired 20,000 shares of the stock in a transaction dated Monday, November 19th. The stock was acquired at an average cost of $6.98 per share, with a total value of $139,600.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Several large investors have recently bought and sold shares of the company. American Securities LLC bought a new stake in shares of Covia in the 2nd quarter valued at approximately $167,701,000. Bank of New York Mellon Corp increased its holdings in shares of Covia by 84.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,385,908 shares of the company’s stock valued at $30,372,000 after acquiring an additional 1,548,743 shares during the period. Vanguard Group Inc. increased its holdings in shares of Covia by 18.5% in the 3rd quarter. Vanguard Group Inc. now owns 3,297,893 shares of the company’s stock valued at $29,582,000 after acquiring an additional 515,499 shares during the period. Hartland & Co. LLC purchased a new position in shares of Covia in the 2nd quarter valued at $54,407,000. Finally, BlackRock Inc. increased its holdings in shares of Covia by 0.6% in the 3rd quarter. BlackRock Inc. now owns 2,128,665 shares of the company’s stock valued at $19,095,000 after acquiring an additional 12,785 shares during the period.
Shares of Covia stock opened at $5.49 on Tuesday. Covia has a 12 month low of $4.59 and a 12 month high of $30.00.
Covia Company Profile
There is no company description available for Covia Holdings Corp.
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