Seethru Equity Comments on Long Island Iced Tea Corp’s Q3 2016 Earnings (LTEA)
Long Island Iced Tea Corp (NASDAQ:LTEA) – Equities research analysts at Seethru Equity issued their Q3 2016 earnings per share (EPS) estimates for Long Island Iced Tea Corp in a note issued to investors on Monday. Seethru Equity analyst A. Tandon anticipates that the brokerage will earn ($0.24) per share for the quarter. Seethru Equity also issued estimates for Long Island Iced Tea Corp’s Q4 2016 earnings at ($0.21) EPS, FY2016 earnings at ($1.10) EPS, FY2017 earnings at ($0.60) EPS and FY2018 earnings at ($0.34) EPS.
Shares of Long Island Iced Tea Corp (NASDAQ:LTEA) traded up 1.44% on Wednesday, reaching $5.63. 46,426 shares of the company’s stock were exchanged. The stock’s market cap is $40.36 million. Long Island Iced Tea Corp has a one year low of $3.35 and a one year high of $12.55. The company’s 50 day moving average is $5.00 and its 200-day moving average is $7.31.
About Long Island Iced Tea Corp
Long Island Iced Tea Corp. is a holding company operating through its subsidiary, Long Island Brand Beverages, LLC (LIBB). The Company is engaged in the production and distribution of Non-Alcoholic Ready-to-Drink (NARTD) iced tea in the beverage industry. It is organized around its brand, Long Island Iced Tea.
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