Hennes & Mauritz (HNNMY) Expected to Announce Quarterly Earnings on Wednesday

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) is projected to announce its earnings results on Wednesday, June 25th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $58.11 billion for the quarter.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last released its earnings results on Wednesday, March 26th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $5.04 billion during the quarter, compared to analysts' expectations of $56.15 billion. Hennes & Mauritz had a net margin of 4.68% and a return on equity of 24.84%. On average, analysts expect Hennes & Mauritz to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Hennes & Mauritz Stock Performance

OTCMKTS:HNNMY opened at $2.67 on Wednesday. The firm's 50-day moving average is $2.83 and its 200-day moving average is $2.73. The company has a market cap of $18.82 billion, a price-to-earnings ratio of 19.07 and a beta of 1.25. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.51 and a current ratio of 1.15. Hennes & Mauritz has a 52-week low of $2.37 and a 52-week high of $3.69.

Analyst Upgrades and Downgrades

Several research firms have commented on HNNMY. Barclays cut Hennes & Mauritz from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 25th. Hsbc Global Res downgraded shares of Hennes & Mauritz from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".

Hennes & Mauritz Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.

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