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EXHIBIT 11.1
COFFEE HOLDING CO., INC.
COMPUTATION OF PER SHARE EARNINGS
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| Years Ended October 31, | ||||||
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| 2008 |
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| 2007 | |||
Net Income (Loss) |
| $ | (2,597,294 | ) |
| $ | 937,316 |
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BASIC EARNINGS: |
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Weighted average number of common |
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Shares outstanding |
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| 5,476,173 |
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| 5,525,408 |
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Basic earnings (loss) per common share |
| $ | (.47 | ) |
| $ | .17 |
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DILUTED EARNINGS: |
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Weighted average number of common |
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Shares outstanding |
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| 5,476,173 |
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| 5,525,408 |
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Warrants – common stock equivalents |
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| –– |
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| 70,000 |
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Weighted average number of common |
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Shares outstanding – as adjusted |
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| 5,476,173 |
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| 5,595,408 |
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Diluted earnings (loss) per common share |
| $ | (.47 | ) |
| $ | .17 |
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