
Embotelladora Andina SA reports results for the quarter ended September 30 - Earnings Summary

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Embotelladora Andina SA reported adjusted earnings of CLP60.41 per share for Q3, exceeding last year's CLP42.20 and analysts' expectations of CLP48.58. Revenue increased by 10.1% to CLP800.36 billion, surpassing the forecast of CLP778.32 billion. The company’s net income was CLP57.18 billion, with shares rising 10.9% this quarter. Analysts' earnings estimates have decreased by 5.4% recently, but the average rating remains "buy". The median 12-month price target is CLP4,350.00, slightly above the last closing price of CLP4,320.80.

