Cascades (CADNF) to Release Quarterly Earnings on Thursday

Cascades (OTCMKTS:CADNFGet Free Report) is anticipated to post its results before the market opens on Thursday, August 6th. Analysts expect Cascades to announce earnings of $0.0551 per share and revenue of $842.6740 million for the quarter.

Cascades Price Performance

Shares of Cascades stock opened at $9.96 on Thursday. The stock has a 50 day moving average of $8.17 and a 200 day moving average of $8.53. Cascades has a 12 month low of $6.54 and a 12 month high of $10.22.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Canadian Imperial Bank of Commerce raised Cascades from a “neutral” rating to an “outperform” rating in a report on Tuesday, July 21st. Scotiabank reissued an “outperform” rating on shares of Cascades in a report on Friday, July 24th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Cascades currently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on CADNF

Cascades Company Profile

(Get Free Report)

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.

Further Reading

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