Jefferies Group Comments on Cott Corp’s Q2 2017 Earnings (BCB)
Cott Corp (TSE:BCB) (NYSE:COT) – Equities research analysts at Jefferies Group reduced their Q2 2017 earnings estimates for Cott Corp in a research note issued to investors on Tuesday. Jefferies Group analyst K. Grundy now expects that the company will post earnings of $0.21 per share for the quarter, down from their prior forecast of $0.22. Jefferies Group also issued estimates for Cott Corp’s Q3 2017 earnings at $0.29 EPS, FY2018 earnings at $0.65 EPS and FY2019 earnings at $0.91 EPS.
COPYRIGHT VIOLATION WARNING: “Jefferies Group Comments on Cott Corp’s Q2 2017 Earnings (BCB)” was reported by American Banking News and is the property of of American Banking News. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/06/22/jefferies-group-comments-on-cott-corps-q2-2017-earnings-bcb.html.
Separately, CSFB lifted their price objective on Cott Corp from C$12.50 to C$14.50 in a research note on Wednesday, May 10th.
Shares of Cott Corp (BCB) opened at 19.01 on Thursday. The company has a 50 day moving average of $18.15 and a 200-day moving average of $16.05. Cott Corp has a 12 month low of $13.42 and a 12 month high of $22.66. The firm’s market capitalization is $2.64 billion.
Cott Corp Company Profile
Cott Corp is a Canada-based company, which along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through five operating segments: Water & Coffee Solutions; Cott North America; Cott United Kingdom (Cott U.K.), Royal Crown International (RCI) and Mexico.
Receive News & Ratings for Cott Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cott Corp and related companies with MarketBeat.com's FREE daily email newsletter.