Adecco Group (AHEXY) Expected to Announce Earnings on Tuesday

Adecco Group (OTCMKTS:AHEXY - Get Free Report) is expected to be announcing its earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $5.49 billion for the quarter.

Adecco Group (OTCMKTS:AHEXY - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The business services provider reported $0.34 earnings per share for the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 12.71%. The business had revenue of $6.27 billion during the quarter. On average, analysts expect Adecco Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Adecco Group Stock Up 1.2 %

Shares of OTCMKTS:AHEXY traded up $0.16 during trading on Friday, reaching $13.10. 8,508 shares of the stock traded hands, compared to its average volume of 85,727. The stock has a market cap of $4.41 billion, a P/E ratio of 13.65, a price-to-earnings-growth ratio of 3.66 and a beta of 1.19. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a 50-day moving average of $14.15 and a two-hundred day moving average of $13.42. Adecco Group has a 52-week low of $11.08 and a 52-week high of $20.21.

Adecco Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 25th will be issued a $0.3169 dividend. This represents a dividend yield of 2.4%. The ex-dividend date is Thursday, April 24th. Adecco Group's payout ratio is 32.99%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. BNP Paribas raised Adecco Group from a "hold" rating to a "strong-buy" rating in a report on Friday, March 14th. The Goldman Sachs Group raised Adecco Group from a "hold" rating to a "strong-buy" rating in a report on Friday, March 28th. One analyst has rated the stock with a sell rating, one has given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy".

About Adecco Group

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.