Coca-Cola Enterprises: Here’s What Investors Need to Know Before Earnings
Coca-Cola Enterprises (NYSE:CCE) will report earnings before markets open on Thursday, July 25th. Coca-Cola Enterprises Inc. markets, sells, manufactures, and distributes non-alcoholic beverages. The Company provides refreshments, including sparkling waters, juices, isotonics, teas, and sodas. Coca-Cola Enterprises operates internationally.
Here is your Cheat Sheet to Coca-cola Enterprises Earnings:
Earnings Expectations: Analysts expect earnings of $0.76 per share on revenues of $2.22 billion. Currently, the company’s P/E ratio stands at 17.37.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.79 to a profit $0.81. For the current year, the average estimate is a profit of $2.48, which is the same as the estimate ninety days ago.
Here’s how Coca-cola Enterprises has been performing on an annual basis:
|Revenue ($) in millions||21,807||21,645||6,714||8,284||8,062|
|Diluted EPS ($)||-9.05||1.48||1.83||2.29||2.25|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||2,208.00||2,070.00||1,916.00||1,850.00|
|Diluted EPS ($)||0.67||0.89||0.34||0.21|
Coca-cola Enterprises has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)