Click to Enlarge It’s a relatively young publicly traded company, but SodaStream (SODA) has already established itself as a name that can shrug off an earnings-prompted pullback and come back stronger then ever.
Not that it happens a lot, or extensively. SodaStream has only missed estimates twice since its 2010 IPO, and although we saw a little weakness following the August 2012 and the February 2013 earnings misses, the following quarters’ earnings beats more than made up for it. Shares rallied more than 50% once earnings were posted again in November 2012, and they jumped 33% when SodaStream topped estimates in May of this year.
Point being, Sodastream rarely misses, and when it has, it doesn’t take the company — or the stock — long to get back on track.
SodaStream should post its current quarter’s numbers in early November.