Chiquita Brands International (CQB) Set to Announce Earnings on Friday
Chiquita Brands International (NYSE:CQB) is scheduled to post its Q114 quarterly earnings results on Friday, May 9th. Analysts expect Chiquita Brands International to post earnings of $0.14 per share and revenue of $773.40 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Chiquita Brands International (NYSE:CQB) last posted its quarterly earnings results on Thursday, February 27th. The company reported ($0.67) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.31) by $0.36. The company had revenue of $748.00 million for the quarter, compared to the consensus estimate of $723.70 million. During the same quarter in the prior year, the company posted ($7.20) earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis.
Shares of Chiquita Brands International (NYSE:CQB) opened at 11.48 on Thursday. Chiquita Brands International has a 52 week low of $8.30 and a 52 week high of $13.68. The stock has a 50-day moving average of $12.01 and a 200-day moving average of $11.20. The company’s market cap is $537.6 million.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Chiquita Brands International from an “underperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $12.10 price target on the stock.
Chiquita Brands International, Inc (NYSE:CQB), along with its subsidiaries, is an international marketer and distributor of bananas and other fresh produce, sold under the Chiquita and other brand names in 70 countries, and packaged salads sold under the Fresh Express and other brand names primarily in the United States.
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