Arca Continental (EMBVF) to Post Quarterly Earnings on Thursday

Arca Continental (OTCMKTS:EMBVF) is expected to be issuing its results before the market opens on Thursday, July 23rd. Analysts expect Arca Continental to announce earnings of $0.1891 per share and revenue of $3.6173 billion for the quarter.

Arca Continental Price Performance

Shares of OTCMKTS EMBVF opened at $11.36 on Tuesday. Arca Continental has a 1-year low of $9.51 and a 1-year high of $13.10. The business has a 50-day moving average of $12.18 and a 200-day moving average of $11.80.

Wall Street Analysts Forecast Growth

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

About Arca Continental

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.