SodaStream (SODA) Estimates Cut at KeyBanc

KeyBanc reduced EPS estimates on SodaStream International (NASDAQ: SODA) following channel checks that showed weaker than expected Q2 sales.

Analyst Akshay Jagdale said, "We are lowering our ests. for SODA (HOLD) given weaker than expected 2Q sales trends (based on channel checks) in the U.S. ’14-‘15E- from $1.98 to $1.83 (FC $1.87) and from $2.33 to $2.14 (FC $2.21), respectively."

For an analyst ratings summary and ratings history on SodaStream International click here. For more ratings news on SodaStream International click here.

Shares of SodaStream International closed at $29.94 yesterday.

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