Adecco (AHEXY) Expected to Announce Earnings on Tuesday

Key Points

• Adecco is expected to announce its earnings on August 5th, with analysts predicting earnings of $0.25 per share and revenue of $5.72 billion for the quarter.
• The company reported a net margin of 1.26% and revenue of $6.34 billion in its last earnings report, surpassing expectations.
• Adecco's stock opened at $16.45 with a market capitalization of $5.54 billion and a price-to-earnings ratio of 17.88.

Adecco (OTCMKTS:AHEXY - Get Free Report) is projected to release its earnings data before the market opens on Tuesday, August 5th. Analysts expect Adecco to post earnings of $0.25 per share and revenue of $5.72 billion for the quarter.

Adecco (OTCMKTS:AHEXY - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The business services provider reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.07. Adecco had a net margin of 1.26% and a return on equity of 11.74%. The firm had revenue of $6.34 billion for the quarter, compared to the consensus estimate of $5.49 billion. On average, analysts expect Adecco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Adecco Trading Down 2.3%

OTCMKTS AHEXY opened at $16.45 on Tuesday. Adecco has a 12 month low of $11.08 and a 12 month high of $17.47. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 1.42 and a beta of 1.18. The company's fifty day moving average price is $14.79 and its two-hundred day moving average price is $13.87.

Adecco Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.

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