Cott Corp (COT) Misses Q3 EPS by 5c

Cott Corp (NYSE: COT) reported Q3 EPS of $0.07, $0.05 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $535 million versus the consensus estimate of $556.25 million.

"Our global volume continued to stabilize in the quarter due to an 80% growth in North American contract manufacturing volumes, the addition of Aimia Foods volumes, and a slightly less aggressive large format retail National Brand promotional environment," commented Jerry Fowden, Cott's Chief Executive Officer. "Our more stable volume, revenue and gross margin, alongside new contract manufacturing wins and our continued diversification, better positions the business for the future," continued Jerry Fowden. "I am also pleased with our return of over $10 million to shareowners within the quarter."

For earnings history and earnings-related data on Cott Corp (COT) click here.

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