Arca Continental (EMBVF) Projected to Release Quarterly Earnings on Thursday

Arca Continental (OTCMKTS:EMBVFGet Free Report) is expected to release its results before the market opens on Thursday, July 23rd. Analysts expect Arca Continental to post earnings of $0.1891 per share and revenue of $3.6235 billion for the quarter.

Arca Continental Price Performance

Shares of OTCMKTS:EMBVF opened at $11.36 on Wednesday. The firm has a fifty day moving average of $12.15 and a two-hundred day moving average of $11.81. Arca Continental has a 12-month low of $9.51 and a 12-month high of $13.10.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on Arca Continental

About Arca Continental

(Get Free Report)

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.

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