Embotelladora Andina (NYSE:AKO.B) Issues Quarterly Earnings Results

Embotelladora Andina (NYSE:AKO.B) announced its quarterly earnings data on Tuesday. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.39 by $0.03, Zacks reports. The company had revenue of $960.89 million during the quarter, compared to the consensus estimate of $945.76 million.

Embotelladora Andina Price Performance

Shares of AKO.B opened at $29.60 on Wednesday. The stock’s fifty day moving average price is $29.80 and its two-hundred day moving average price is $29.45. Embotelladora Andina has a 1 year low of $24.12 and a 1 year high of $33.86. The firm has a market cap of $4.67 billion, a PE ratio of 14.44 and a beta of 0.58.

About Embotelladora Andina

Embotelladora Andina SA is a beverage company that manufactures, markets and distributes Coca-Cola products and other consumer beverages. Its portfolio includes carbonated soft drinks, bottled water, juices, sports drinks, energy drinks and other beverage categories, with products sold under The Coca-Cola Company’s brands as well as selected local and third-party brands.

The company operates as a Coca-Cola bottler in Chile, Argentina, Paraguay and portions of Brazil. Its activities include beverage production and packaging, sales and marketing, logistics, and distribution to supermarkets, convenience stores, restaurants, food-service operators and other retail customers.

Founded in 1946, Embotelladora Andina has expanded from its original Chilean operations into a broader South American bottling and distribution network.