Fevertree Drinks (FQVTF) Expected to Announce Earnings on Tuesday

Fevertree Drinks (OTCMKTS:FQVTF) is anticipated to announce its results before the market opens on Tuesday, March 24th. Analysts expect the company to announce earnings of $0.1827 per share and revenue of $272.7370 million for the quarter.

Fevertree Drinks Stock Performance

Shares of FQVTF stock opened at $10.87 on Monday. The stock’s 50-day moving average price is $12.04 and its 200 day moving average price is $11.35. Fevertree Drinks has a 52-week low of $9.28 and a 52-week high of $13.45.

Analyst Ratings Changes

Several brokerages have weighed in on FQVTF. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Fevertree Drinks in a research note on Tuesday, February 24th. Barclays upgraded Fevertree Drinks from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Fevertree Drinks Company Profile

Fevertree Drinks is a London-based producer of premium beverage mixers, best known for its tonic waters, ginger beers and soda waters. The company focuses on crafting high-quality mixers using natural ingredients, positioning its products as artisanal complements to spirits such as gin, vodka and whiskey. Its offerings are designed to deliver a distinctive taste experience and cater to a growing consumer preference for premium, naturally-sourced beverages.

Founded in 2005 by Tim Warrillow and Charles Rolls, Fevertree was born out of a shared vision to elevate the mixer category through better ingredients and flavor.