Arca Continental (EMBVF) Expected to Post Quarterly Earnings on Thursday

Arca Continental (OTCMKTS:EMBVF) is expected to be releasing its results before the market opens on Thursday, July 23rd. Analysts expect the company to post earnings of $0.1906 per share and revenue of $3.6316 billion for the quarter.

Arca Continental Trading Up 0.2%

Arca Continental stock opened at $11.39 on Thursday. The stock has a 50-day moving average price of $12.26 and a 200 day moving average price of $11.79. Arca Continental has a 52 week low of $9.51 and a 52 week high of $13.10.

Analyst Ratings Changes

Several equities research analysts have issued reports on EMBVF shares. Barclays reaffirmed an “overweight” rating on shares of Arca Continental in a research note on Monday, May 4th. Itau BBA Securities raised shares of Arca Continental to an “outperform” rating in a research report on Tuesday, April 28th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Arca Continental currently has a consensus rating of “Buy”.

Arca Continental Company Profile

Arca Continental, established in 2001 through the merger of three Mexican Coca-Cola bottlers, is one of the world’s largest franchise bottlers affiliated with The Coca-Cola Company. Headquartered in Monterrey, Mexico, the company ranks among the top three Coca-Cola bottlers globally by volume and is publicly listed on the Mexican Stock Exchange, trading over-the-counter in the United States under the symbol EMBVF.

The company’s core operations encompass the production, bottling and distribution of a broad portfolio of ready-to-drink beverages.