Cervecerias Unidas: Q1 Earnings Snapshot

SANTIAGO, Chile (AP) — SANTIAGO, Chile (AP) — Compania Cervecerias Unidas (CCU) on Wednesday reported first-quarter profit of $55.8 million.

On a per-share basis, the Santiago, Chile-based company said it had net income of 30 cents.

The wine, spirits and soft drink company posted revenue of $796.8 million in the period.

Cervecerias Unidas shares have increased slightly more than 1% since the beginning of the year. The stock has dropped 26% 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 CCU at https://www.zacks.com/ap/CCU