Roth Capital Cuts SodaStream International (SODA) to Neutral
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Dougherty & Co. Keeps SodaStream (SODA) at 'Neutral'; Right-Sizing Now Needed to Attract Investors
October 7, 2014 12:27 PM EDTDougherty & Company comments on SodaStream Int'l (Nasdaq: SODA) following preliminary Q3 results released earlier Tuesday. The firm rates SodaStream at Neutral.
Analyst Gregory McKinley said: SODA released preliminary Q3 results that are well below expectations due to poor U.S. performance. SODA expects Q3 revenue to be approximately $125.0 million versus the consensus of $154 million and operating income of $8.5 million versus the consensus of $17 million.
During the Q2 earnings call, FY2014 guidance... More
