Burberry Group (BURBY) to Release Quarterly Earnings on Thursday

Key Points

• Burberry Group will report quarterly results on Thursday, May 14, with analysts forecasting earnings of $0.2225 per share and revenue of $1.8866 billion.
• Shares jumped about 4.1%, opening at $16.55; the stock trades with a 50-day MA of $14.95, 200-day MA of $15.91, and a 52-week range of $9.68 to $18.55.
• Barclays upgraded Burberry from "hold" to Strong Buy on Jan. 27, and the stock currently carries a consensus rating of Strong Buy (two analysts rated it Strong Buy).

Burberry Group (OTCMKTS:BURBY - Get Free Report) is anticipated to issue its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.2225 per share and revenue of $1.8866 billion for the quarter.

Burberry Group Trading Up 4.1%

BURBY opened at $16.55 on Thursday. The stock has a 50-day moving average of $14.95 and a 200-day moving average of $15.91. Burberry Group has a 52-week low of $9.68 and a 52-week high of $18.55.

Analyst Ratings Changes

Separately, Barclays upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company currently has a consensus rating of "Strong Buy".

About Burberry Group

Burberry Group plc is a British luxury fashion house renowned for its distinctive designs and iconic outerwear. The company's product portfolio encompasses ready-to-wear clothing, leather goods, handbags, accessories, footwear, fragrances and beauty items. Burberry is particularly famous for its classic trench coat, crafted from its patented gabardine fabric, and the signature checked pattern that has become a global emblem of luxury.

Founded in 1856 by Thomas Burberry in Basingstoke, England, the company initially specialized in weatherproof garments and outdoor attire.

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