Cascades (CADNF) to Release Quarterly Earnings on Thursday

Cascades (OTCMKTS:CADNF) will likely be posting its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $0.0551 per share and revenue of $842.6740 million for the quarter.

Cascades Stock Performance

Shares of CADNF stock opened at $9.96 on Thursday. Cascades has a one year low of $6.54 and a one year high of $10.22. The company’s fifty day moving average price is $8.17 and its 200-day moving average price is $8.53.

Analyst Ratings Changes

A number of research firms have commented on CADNF. Scotiabank reissued an “outperform” rating on shares of Cascades in a report on Friday, July 24th. Canadian Imperial Bank of Commerce raised Cascades from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 21st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Cascades Company Profile

Cascades Inc is a Canadian leader in the production, conversion and marketing of packaging and tissue products composed mainly of recycled fibres. Headquartered in Kingsey Falls, Quebec, the company operates a network of manufacturing facilities across North America and Europe. Since its founding in 1964, Cascades has focused on sustainable solutions that meet the needs of consumer goods companies, retailers and foodservice businesses.

The company’s operations are organized into three primary segments: packaging specialties, tissue papers and recovery and recycling.