Tapping Into Cott Earnings
Model portfolio name Cott (COT) is set to announce its quarterly results on Wednesday morning. This Alert is a preview of the company’s numbers and we are not recommending any trades for the model portfolio.
Cott is expected to earn $0.13 a share in the third quarter, down from $0.14 in the previous year, on $558.2 million of revenue.
Cott will host a conference call at 10 a.m. EDT that investors can access at 877-407-8031. Both the live call and a replay will also be available at the company’s website: www.cott.com. On the call, we’ll be listening for an update about current beverage industry pricing and demand trends.
Ahead of the results, we maintain our One rating on the shares, which are currently changing hands around $6.45. We continue to favor Cott for its secure 3.7% dividend yield.
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