Cervecerias Unidas: Q1 Earnings Snapshot

SANTIAGO, Chile (AP) — SANTIAGO, Chile (AP) — Compania Cervecerias Unidas (CCU) on Wednesday reported first-quarter profit of $60 million.

The Santiago, Chile-based company said it had net income of 32 cents per share.

The wine, spirits and soft drink company posted revenue of $848.5 million in the period.

Cervecerias Unidas shares have increased 35% since the beginning of the year. The stock has climbed 20% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCU at https://www.zacks.com/ap/CCU

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