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Cott: 1Q Earnings Snapshot

MISSISSAUGA, Ontario (AP) _ Cott Corp. (COT) on Thursday reported a first-quarter loss of $19.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 14 cents.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.

The maker of soft drinks, juices, teas, flavored water and energy drinks posted revenue of $574.1 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $569.2 million.

Cott shares have increased slightly more than 9% since the beginning of the year. The stock has climbed 7% 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