Compania Cervecerias Unidas SA reports results for the quarter ended September 30 - Earnings Summary

• Compania Cervecerias Unidas SA reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The lone analyst forecast for the quarter was for earnings of 11 cents per share.

• Revenue rose 18.7% to $815.04 million from a year ago; analysts expected $773.78 million.

• The company reported quarterly net income of $17.44 million.

• Compania Cervecerias Unidas SA shares had fallen by 0.6% this quarter and lost 18.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the brewers peer group is "buy."

• Wall Street's median 12-month price target for Compania Cervecerias Unidas SA is $11.00, about 5.7% above its last closing price of $10.37

This summary was machine generated from LSEG data November 4 at 12:24 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)