Cascades (CADNF) Expected to Announce Quarterly Earnings on Thursday

Cascades (OTCMKTS:CADNF) is expected to issue its results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $0.2729 per share and revenue of $908.23 million for the quarter.

Cascades Price Performance

OTCMKTS CADNF opened at $12.15 on Thursday. The company has a fifty day simple moving average of $12.42 and a 200 day simple moving average of $9.70. Cascades has a 1 year low of $7.50 and a 1 year high of $13.20.

Analyst Ratings Changes

A number of equities analysts have recently commented on CADNF shares. Scotiabank reiterated an “outperform” rating on shares of Cascades in a research note on Friday, August 14th. Royal Bank Of Canada restated an “outperform” rating on shares of Cascades in a research note on Monday, August 10th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Cascades in a research note on Monday. Finally, TD Securities reaffirmed a “buy” rating on shares of Cascades in a report on Tuesday, August 4th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About Cascades

Cascades Inc is a Canadian company that develops, manufactures and converts packaging and tissue products primarily from recycled, renewable and responsibly managed fibers. Its operations support customers in the consumer goods, food, industrial, commercial and institutional markets.

The company’s product portfolio includes corrugated packaging, specialty and consumer packaging, containerboard, recycled boxboard, tissue papers, hand towels, bathroom tissue and related hygiene products.