Jones Soda Co. (NASDAQ:JSDA) will unveil its latest earnings on Thursday, August 9, 2012. Jones Soda develops, produces, markets and distributes a range of premium beverages and related products in the United States and Canada.
Jones Soda Co. Earnings Preview Cheat Sheet
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Stock Price Performance: Between May 9, 2012 and August 3, 2012, the stock price fell 13 cents (-31.5%), from 42 cents to 29 cents. The stock price saw one of its best stretches over the last year between January 5, 2012 and January 13, 2012, when shares rose for seven straight days, increasing 93.2% (+41 cents) over that span. It saw one of its worst periods between July 17, 2012 and July 26, 2012 when shares fell for eight straight days, dropping 18.8% (-6 cents) over that span.
Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 2.36 last quarter. Having a ratio above 2:1 is usually considered a good indicator of a company’s liquidity and ability to meet creditor demands. The company improved this liquidity measure from 2.31 in the fourth quarter of the last fiscal year to the last quarter driven in part by an increase in current assets. Current assets increased 36.8% to $8.6 million while liabilities rose by 33.9% to $3.6 million.
Key Stats:
On the top line, the company is looking to rebound after a revenue drop last quarter. Revenue rose 8.2% in the the fourth quarter of the last fiscal year after dropping in the first quarter.
A Look Back: In the first quarter, the company’s loss widened to a loss of a $1.7 million (5 cents a share) from a loss of $1.7 million (5 cents) a year earlier. Revenue fell 5.5% to $3.9 million from $4.1 million.
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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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