Fevertree Drinks (FQVTF) Expected to Announce Quarterly Earnings on Tuesday

Fevertree Drinks (OTCMKTS:FQVTF) is anticipated to release its results before the market opens on Tuesday, March 24th. Analysts expect Fevertree Drinks to post earnings of $0.1827 per share and revenue of $272.7370 million for the quarter.

Fevertree Drinks Trading Down 2.8%

OTCMKTS FQVTF opened at $10.99 on Tuesday. The business’s 50-day moving average price is $12.03 and its 200 day moving average price is $11.35. Fevertree Drinks has a twelve month low of $9.28 and a twelve month high of $13.45.

Analyst Upgrades and Downgrades

FQVTF has been the subject of several recent analyst reports. Barclays upgraded Fevertree Drinks from an “equal weight” rating to an “overweight” rating in a report on Wednesday, February 11th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Fevertree Drinks in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Fevertree Drinks Company Profile

Fevertree Drinks is a London-based producer of premium beverage mixers, best known for its tonic waters, ginger beers and soda waters. The company focuses on crafting high-quality mixers using natural ingredients, positioning its products as artisanal complements to spirits such as gin, vodka and whiskey. Its offerings are designed to deliver a distinctive taste experience and cater to a growing consumer preference for premium, naturally-sourced beverages.

Founded in 2005 by Tim Warrillow and Charles Rolls, Fevertree was born out of a shared vision to elevate the mixer category through better ingredients and flavor.