Coca-Cola European Partners plc , or CCEP, is the world’s largest independent Coca-Cola bottler based on revenue and serves over 300 million consumers across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain and Sweden.
Investors should also note that earnings estimates have moved upward for CCE in the last 60 days. Last quarter, earnings surpassed analysts' expectation by 15.63%. The company has surpassed estimates in three of the past four quarters with an average positive surprise of 6.22%.
Currently, CCE has a Zacks Rank #3 (Hold), but that could definitely change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: CCE beat on earnings. The company reported EPS of 80 cents in line with the Zacks Consensus Estimate.
Coca-Cola European Partners PLC Price and EPS Surprise
Key Stats to Note: Volumes decreased 3.5% year over year on a comparable basis in the quarter.
Stock Price Movement: Shares were down 1.9% in the pre-market trading session at the time of writing.
Check back later for our full write up on this CCE earnings report later!
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Coca-Cola European Partners' (CCE) Q3 Earnings Meet Estimates
Coca-Cola European Partners plc , or CCEP, is the world’s largest independent Coca-Cola bottler based on revenue and serves over 300 million consumers across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain and Sweden.
Investors should also note that earnings estimates have moved upward for CCE in the last 60 days. Last quarter, earnings surpassed analysts' expectation by 15.63%. The company has surpassed estimates in three of the past four quarters with an average positive surprise of 6.22%.
Currently, CCE has a Zacks Rank #3 (Hold), but that could definitely change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: CCE beat on earnings. The company reported EPS of 80 cents in line with the Zacks Consensus Estimate.
Coca-Cola European Partners PLC Price and EPS Surprise
Coca-Cola European Partners PLC Price and EPS Surprise | Coca-Cola European Partners PLC Quote
Key Stats to Note: Volumes decreased 3.5% year over year on a comparable basis in the quarter.
Stock Price Movement: Shares were down 1.9% in the pre-market trading session at the time of writing.
Check back later for our full write up on this CCE earnings report later!
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>