Coca-Cola European Partners PLC (CCE) to Release Earnings on Tuesday

Coca-Cola European Partners PLC (NYSE:CCE) will be releasing its earnings data before the market opens on Tuesday, November 7th. Analysts expect Coca-Cola European Partners PLC to post earnings of $0.80 per share for the quarter.

Coca-Cola European Partners PLC (NYSE:CCE) last posted its quarterly earnings data on Thursday, August 10th. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.10. Coca-Cola European Partners PLC had a return on equity of 15.52% and a net margin of 6.93%. The company had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same period last year, the firm earned $0.56 EPS. On average, analysts expect Coca-Cola European Partners PLC to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of Coca-Cola European Partners PLC (CCE) opened at $39.93 on Friday. Coca-Cola European Partners PLC has a 1 year low of $30.55 and a 1 year high of $44.75. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.73 and a current ratio of 0.93. The firm has a market capitalization of $19,341.37, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 1.93 and a beta of 0.94.

A number of research firms have weighed in on CCE. Susquehanna Bancshares Inc reaffirmed a “hold” rating on shares of Coca-Cola European Partners PLC in a research report on Thursday, August 10th. Jefferies Group LLC reaffirmed a “hold” rating and set a $45.00 price objective on shares of Coca-Cola European Partners PLC in a research report on Thursday, September 14th. Zacks Investment Research raised Coca-Cola European Partners PLC from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Monday, July 10th. Deutsche Bank AG reaffirmed a “hold” rating and set a $46.00 price objective (up from $44.00) on shares of Coca-Cola European Partners PLC in a research report on Friday, August 11th. Finally, BidaskClub raised Coca-Cola European Partners PLC from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. Coca-Cola European Partners PLC has an average rating of “Hold” and an average price target of $45.63.

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Coca-Cola European Partners PLC Company Profile

Coca-Cola Enterprises, Inc (CCE) markets, produces and distributes nonalcoholic beverages. The Company serves customers across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The Company’s segments include Europe and Corporate. CCE is The Coca-Cola Company’s strategic bottling partner in Western Europe.

Earnings History for Coca-Cola European Partners PLC (NYSE:CCE)

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