Cascades (CADNF) Projected to Post Earnings on Thursday

Cascades (OTCMKTS:CADNF) is projected to issue its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.2694 per share and revenue of $1.2016 billion for the quarter.

Cascades Stock Performance

OTCMKTS:CADNF opened at $9.40 on Wednesday. The firm’s 50-day moving average is $9.48 and its 200-day moving average is $8.37. Cascades has a 52-week low of $5.98 and a 52-week high of $10.22.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CADNF. Scotiabank reiterated an “outperform” rating on shares of Cascades in a research report on Tuesday, January 27th. National Bank Financial reaffirmed a “sector perform” rating on shares of Cascades in a research report on Monday, November 10th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Cascades has a consensus rating of “Moderate Buy”.

Cascades Company Profile

Cascades Inc is a Canadian leader in the production, conversion and marketing of packaging and tissue products composed mainly of recycled fibres. Headquartered in Kingsey Falls, Quebec, the company operates a network of manufacturing facilities across North America and Europe. Since its founding in 1964, Cascades has focused on sustainable solutions that meet the needs of consumer goods companies, retailers and foodservice businesses.

The company’s operations are organized into three primary segments: packaging specialties, tissue papers and recovery and recycling.