GEA Group (GEAGF) Projected to Post Quarterly Earnings on Monday

Key Points

• GEA Group is set to report quarterly results on Monday, May 11, with analysts forecasting earnings of $0.7080 per share and revenue of $1.4699 billion.
• Shares traded at $74.65 with very light volume (8 shares) as the company has a market cap of $12.15 billion, a P/E of 32.18, and a 52-week range of $57.00–$78.65.
• Analyst sentiment is positive: Berenberg upgraded GEA to a "strong-buy", and the stock's consensus rating is currently "Buy" (one Strong Buy, one Hold).

GEA Group (OTCMKTS:GEAGF - Get Free Report) is expected to be issuing its resultson Monday, May 11th. Analysts expect the company to announce earnings of $0.7080 per share and revenue of $1.4699 billion for the quarter.

GEA Group Price Performance

Shares of OTCMKTS:GEAGF remained flat at $74.65 during trading hours on Monday. The company's stock had a trading volume of 8 shares, compared to its average volume of 115. The firm has a 50-day simple moving average of $76.01 and a two-hundred day simple moving average of $71.50. The company has a quick ratio of 0.71, a current ratio of 1.07 and a debt-to-equity ratio of 0.07. The firm has a market cap of $12.15 billion, a price-to-earnings ratio of 32.18 and a beta of 0.25. GEA Group has a fifty-two week low of $57.00 and a fifty-two week high of $78.65.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised GEA Group to a "strong-buy" rating in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, GEA Group presently has an average rating of "Buy".

About GEA Group

GEA Group AG is a Germany-based provider of process technology and engineering solutions for a wide range of industries, including food and beverage, pharmaceutical, chemical and petroleum. The company specializes in the design, manufacture and installation of equipment and systems that support processes such as heating, cooling, mixing, separation, evaporation and transportation of liquids and powders. Its product portfolio spans centrifuges, separators, heat exchangers, pasteurizers, homogenizers, filtration and membrane systems, as well as advanced automation and digitalization tools to optimize plant performance and ensure product safety.

With origins dating back to the late 19th century, GEA has evolved from a regional metal trading enterprise into a global technology group.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.