Compañía Cervecerías Unidas (CCU) Expected to Announce Earnings on Wednesday

Compañía Cervecerías Unidas (NYSE:CCU - Get Free Report) is expected to be announcing its earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $790.49 billion for the quarter.

Compañía Cervecerías Unidas Stock Down 0.7%

CCU traded down $0.10 during trading on Monday, hitting $14.73. The company had a trading volume of 203,808 shares, compared to its average volume of 181,477. The company has a market capitalization of $2.72 billion, a PE ratio of 19.65, a PEG ratio of 2.69 and a beta of 0.74. Compañía Cervecerías Unidas has a one year low of $10.00 and a one year high of $15.75. The firm's 50-day moving average price is $14.99 and its 200 day moving average price is $12.91. The company has a quick ratio of 1.44, a current ratio of 2.06 and a debt-to-equity ratio of 0.80.

Wall Street Analysts Forecast Growth

CCU has been the subject of a number of research reports. Scotiabank downgraded Compañía Cervecerías Unidas from a "strong-buy" rating to a "hold" rating in a report on Thursday. StockNews.com lowered shares of Compañía Cervecerías Unidas from a "strong-buy" rating to a "buy" rating in a research note on Friday. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, Compañía Cervecerías Unidas currently has a consensus rating of "Hold" and a consensus target price of $11.03.

Compañía Cervecerías Unidas Company Profile

Compañía Cervecerías Unidas SA operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores.