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4 days agoVita Coco's Q3 Report Beats on Earnings and Revenue
Vita Coco Company (NASDAQ: COCO) delivered a decisive beat on both earnings and revenue when it reported Q3 financials , posting adjusted EPS of $0.40 against a consensus estimate of $0.31 while revenue surged to $182.0M from an expected $158.5M. The stock gained 3% in the session following the October 28 release, reflecting investor confidence in the company's execution and forward momentum. Vita Coco Coconut Water grew 42% year over year, the primary engine behind the company's Q3 outperformance.
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