Asos Pls (ASOMY) Projected to Post Earnings on Tuesday

Key Points

• Asos is set to report results before the market opens on Tuesday, April 14, with analysts forecasting earnings of ($0.4051) per share and revenue of $1.6538 billion for the quarter.
• Berenberg upgraded Asos to a "strong‑buy" on March 25, and MarketBeat shows an average analyst rating of Strong Buy (two analysts currently at Strong Buy).
• The stock opened at $2.98, trading below its 50‑day and 200‑day moving averages (~$3.62 and $3.56) and near its 1‑year low ($2.73), while the company shows high leverage (debt‑to‑equity 2.84) and modest liquidity (current ratio 1.02, quick ratio 0.49).

Asos Pls (OTCMKTS:ASOMY - Get Free Report) is expected to be posting its results before the market opens on Tuesday, April 14th. Analysts expect Asos Pls to post earnings of ($0.4051) per share and revenue of $1.6538 billion for the quarter.

Asos Pls Price Performance

OTCMKTS:ASOMY opened at $2.98 on Tuesday. The stock has a 50 day simple moving average of $3.62 and a 200 day simple moving average of $3.56. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.02 and a quick ratio of 0.49. Asos Pls has a 1-year low of $2.73 and a 1-year high of $4.89.

Analysts Set New Price Targets

Separately, Berenberg Bank raised Asos Pls to a "strong-buy" rating in a report on Wednesday, March 25th. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Asos Pls currently has an average rating of "Strong Buy".

About Asos Pls

ASOS PLS OTCMKTS: ASOMY is an international online fashion retailer headquartered in London, United Kingdom. Since its founding in 2000 as AsSeenOnScreen, the company has focused on providing trend-driven clothing, footwear and accessories to a predominantly young adult audience. ASOS operates a direct-to-consumer e-commerce platform that features both its own in-house brands and a curated selection of third-party labels, with an emphasis on fast fashion and seasonal collections.

The company's product offering spans womenswear, menswear, swimwear, activewear, shoes, bags, jewellery and beauty items.

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