Coca-Cola European Partners PLC (CCE) Set to Announce Earnings on Tuesday
Coca-Cola European Partners PLC (NYSE:CCE) is set to release its earnings data before the market opens on Tuesday, November 7th. Analysts expect Coca-Cola European Partners PLC to post earnings of $0.80 per share for the quarter.
Coca-Cola European Partners PLC (NYSE:CCE) last released its quarterly earnings data on Thursday, August 10th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.10. Coca-Cola European Partners PLC had a net margin of 6.93% and a return on equity of 15.52%. The business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.77 billion. During the same period in the previous year, the business earned $0.56 EPS. On average, analysts expect Coca-Cola European Partners PLC to post $2.52 EPS for the current fiscal year and $2.73 EPS for the next fiscal year.
Coca-Cola European Partners PLC (NYSE:CCE) opened at 40.35 on Tuesday. Coca-Cola European Partners PLC has a 1-year low of $30.55 and a 1-year high of $44.75. The stock has a market capitalization of $19.54 billion, a price-to-earnings ratio of 21.64 and a beta of 0.94. The company has a 50-day moving average of $41.40 and a 200-day moving average of $41.32.
COPYRIGHT VIOLATION NOTICE: This piece was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/10/31/coca-cola-european-partners-plc-cce-set-to-announce-earnings-on-tuesday.html.
A number of analysts have commented on the stock. Zacks Investment Research cut shares of Coca-Cola European Partners PLC from a “hold” rating to a “sell” rating in a report on Friday. Macquarie assumed coverage on shares of Coca-Cola European Partners PLC in a report on Thursday, September 14th. They set an “outperform” rating and a $46.00 target price for the company. Jefferies Group LLC reaffirmed a “hold” rating and set a $45.00 target price on shares of Coca-Cola European Partners PLC in a report on Thursday, September 14th. BidaskClub cut shares of Coca-Cola European Partners PLC from a “buy” rating to a “hold” rating in a report on Saturday, August 26th. Finally, UBS AG reaffirmed a “buy” rating and set a $50.00 target price (up from $46.00) on shares of Coca-Cola European Partners PLC in a report on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $45.63.
Coca-Cola European Partners PLC Company Profile
Coca-Cola Enterprises, Inc (CCE) markets, produces and distributes nonalcoholic beverages. The Company serves customers across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The Company’s segments include Europe and Corporate. CCE is The Coca-Cola Company’s strategic bottling partner in Western Europe.
Receive News & Ratings for Coca-Cola European Partners PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola European Partners PLC and related companies with MarketBeat.com's FREE daily email newsletter.