SodaStream (SODA) Tops Q2 EPS by 41c

SodaStream (NASDAQ: SODA) reported Q2 EPS of $1.14, $0.41 better than the analyst estimate of $0.73. Revenue for the quarter came in at $171.5 million versus the consensus estimate of $149.13 million.

Guidance

For 2018, the Company currently expects full year revenue to increase approximately 23% over 2017 revenue, up from its previous guidance of approximately 15%.

Operating income for 2018 is now expected to increase approximately 44% over 2017 operating income, compared to its previous guidance of approximately 15%.

Diluted earnings per share is now expected to increase approximately 31% over 2017, compared to its previous guidance of an approximate 8% increase.

This guidance now assumes an increase in share-based payment expense of approximately $13.0 million over 2017, up from previous guidance of approximately $12.0 million. This guidance is based on assumed average exchange rates of 1.17 Euro/U.S. Dollar and 3.60 U.S. Dollar/Israeli Shekel.

For earnings history and earnings-related data on SodaStream (SODA) click here.

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