Compañía Cervecerías Unidas (CCU) to Release Earnings on Wednesday

Compañía Cervecerías Unidas (NYSE:CCU - Get Free Report) will be posting its quarterly earnings results after the market closes on Wednesday, May 8th. Individual that wish to register for the company's earnings conference call can do so using this link.

Compañía Cervecerías Unidas (NYSE:CCU - Get Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $639.60 million for the quarter. Compañía Cervecerías Unidas had a net margin of 3.98% and a return on equity of 7.16%. On average, analysts expect Compañía Cervecerías Unidas to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Compañía Cervecerías Unidas Stock Performance

Shares of Compañía Cervecerías Unidas stock traded up $0.11 during midday trading on Wednesday, hitting $12.21. The company had a trading volume of 56,495 shares, compared to its average volume of 159,387. The business's 50 day simple moving average is $11.91 and its two-hundred day simple moving average is $12.06. The stock has a market cap of $2.31 billion, a PE ratio of 18.33, a P/E/G ratio of 0.71 and a beta of 0.91. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.33 and a quick ratio of 1.69. Compañía Cervecerías Unidas has a 1-year low of $10.82 and a 1-year high of $17.74.

Compañía Cervecerías Unidas Cuts Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Wednesday, April 24th will be paid a $0.102 dividend. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a dividend yield of 1.9%. Compañía Cervecerías Unidas's payout ratio is 30.30%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Compañía Cervecerías Unidas from a "strong-buy" rating to a "buy" rating in a research note on Friday, March 8th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $13.71.

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.