Arca Continental (EMBVF) to Release Quarterly Earnings on Thursday

Arca Continental (OTCMKTS:EMBVF) is anticipated to announce its results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $2.30 per share and revenue of $55.3673 billion for the quarter.

Arca Continental Price Performance

Shares of EMBVF opened at $12.49 on Thursday. The company’s 50 day moving average price is $11.67 and its 200 day moving average price is $10.86. Arca Continental has a 52 week low of $9.51 and a 52 week high of $12.52.

Analyst Ratings Changes

Separately, Bradesco Corretora raised shares of Arca Continental to an “outperform” rating in a research report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, 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.