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Cott: 2Q Earnings Snapshot

August 8, 2019

MISSISSAUGA, Ontario (AP) _ Cott Corp. (COT) on Thursday reported second-quarter profit of $4.4 million.

On a per-share basis, the Mississauga, Ontario-based company said it had profit of 3 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The maker of soft drinks, juices, teas, flavored water and energy drinks posted revenue of $604.1 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $604.4 million.

Cott shares have dropped 12% since the beginning of the year. The stock has dropped 21% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COT at https://www.zacks.com/ap/COT

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