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Cott: 4Q Earnings Snapshot

MISSISSAUGA, Ontario (AP) _ Cott Corp. (COT) on Friday reported fourth-quarter earnings of $700,000.

The Mississauga, Ontario-based company said it had profit of 1 cent per share. Earnings, adjusted to account for discontinued operations, were 3 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.

The maker of soft drinks, juices, teas, flavored water and energy drinks posted revenue of $599.2 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $599.5 million.

For the year, the company reported net income of $382.9 million, or $2.71 per share, swinging to a profit in the period. Revenue was reported as $2.37 billion.

Cott shares have risen 12 percent since the beginning of the year. The stock has risen 4 percent 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