Coca-Cola European Partners Plc (NYSE:CCE) Beats Earnings by 91% percent


Coca-Cola European Partners Plc (NYSE:CCE) moved down -0.36% and closed its last trading session at $36.07. This Consumer Staples Sector stock currently has the Market Capitalization of 17.43 Billion. The Average Volume for the stock is measured as 1.44 Million. The Stock has a 52-Week High of $54.54 and 52-Week Low of $30.55 following the dates, it touched its 52-Week High on Apr 14, 2016 and 52-Week Low on Dec 6, 2016. Currently, the Return on Assets value for the trailing twelve months is 4.6% with the Return on Equity and Return on Investment of 16.4% and 12.9% respectively. This firm currently has YTD (year to date) performance of 14.87 Percent which is awesome. The Short Ratio for the stock is 2.01.

Coca-Cola European Partners Plc (NYSE:CCE) Price to Earnings (P/E) ratio is 16.58. EPS or Earning per Share stands at $2.18. The TTM operating margin is 10.5 percent.

Coca-Cola European Partners Plc (NYSE:CCE) reports its Earnings on Thu 9 Feb (38 days ago). The estimated EPS for the current quarter is said to be $0.46. Following Earnings result, share price were UP 18 times out of last 28 Qtrs. The stock has reduced about -5.2% since it reported its last earnings. The Closing price of Coca-Cola European Partners Plc (NYSE:CCE) at Last Earnings was $ as compared to the previous closing price of $36.07. The Predicted Move on the 7th day after Coca-Cola European Partners Plc (NYSE:CCE) will release its earnings at about 3%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Coca-Cola European Partners Plc (NYSE:CCE) beats earnings by 91%, The Stock Missed EarningsĀ  1 times and has met earningsĀ  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

On 11/10/2016, the stock reported the EPS of $0.6 where Analysts were projecting the EPS to be $0.71 showing a difference of $-0.11. Thus Surprise Factor was there with -15.5 percent. Before Earnings Announcement on 11/10/2016, the firm had its stock price of $38.06. And immediately on the next day after earnings announcement, the stock declined -8.75% and closed its trading session at $34.73. On 7th Day after earnings release, Coca-Cola European Partners Plc (NYSE:CCE) dropped to -9.3% from $38.06 to $34.52.

On 09/22/2016, Analysts were suspecting EPS of $0.36/share where Coca-Cola European Partners Plc (NYSE:CCE) reported its Actual EPS of $0.26. Thus showing a Surprise of -27.8 percent. The Closing Price of the stock before earnings was $39.29 while on the Next day the stock closed its trading session at $39.8 with a percentage change of 1.3% from the price of 39.29 before Earnings. The Stock Closing Price on the 7th day of earnings was $38.94.

Company Profile:

Coca-Cola European Partners plc, a consumer packaged goods company, produces, distributes, and markets a range of non-alcoholic ready-to-drink beverages in Europe. The company was founded in 2015 and is headquartered in Uxbridge, United Kingdom. Coca-Cola European Partners plc is a subsidiary of The Coca-Cola Company.