Carrefour (CRRFY) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Carrefour is expected to announce its quarterly earnings on July 30th, with analysts predicting earnings of $0.08 per share and $22.46 billion in revenue.
• The company recently declared a $0.041 dividend, yielding 1.24%, with shareholders paid on June 24th.
• Barclays has restated an "overweight" rating on Carrefour, indicating expectations for the company's growth potential.

Carrefour (OTCMKTS:CRRFY - Get Free Report) is anticipated to announce its earnings results before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $22.46 billion for the quarter.

Carrefour Trading Up 1.0%

Shares of CRRFY stock opened at $3.07 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.63 and a debt-to-equity ratio of 0.78. The company has a fifty day moving average price of $3.03 and a two-hundred day moving average price of $2.93. Carrefour has a one year low of $2.53 and a one year high of $3.62.

Carrefour Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, June 24th. Shareholders of record on Tuesday, June 3rd were paid a $0.041 dividend. This represents a yield of 1.24%. The ex-dividend date of this dividend was Monday, June 2nd.

Wall Street Analysts Forecast Growth

Separately, Barclays restated an "overweight" rating on shares of Carrefour in a research note on Wednesday, April 16th.

Carrefour Company Profile

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.

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