Hennes & Mauritz (HNNMY) Projected to Post Earnings on Thursday

Key Points

• Hennes & Mauritz is projected to announce earnings on Thursday, September 25th, with analysts expecting a profit of $0.04 per share and a revenue of $56.77 billion.
• The company's stock has recently seen a 2.1% increase, with a current trading value of $3.30 and a 12-month range between $2.37 and $3.59.
• Recent analyst activity includes upgrades from Zacks Research and Berenberg Bank, with an overall average rating of "Hold" from six analysts.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) is anticipated to release its results before the market opens on Thursday, September 25th. Analysts expect Hennes & Mauritz to post earnings of $0.04 per share and revenue of $56.7709 billion for the quarter.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. Hennes & Mauritz had a return on equity of 23.48% and a net margin of 4.35%.The business had revenue of $5.75 billion for the quarter, compared to the consensus estimate of $58.11 billion. 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

HNNMY stock traded down $0.07 during midday trading on Friday, reaching $3.20. 111,887 shares of the company's stock traded hands, compared to its average volume of 116,555. The company has a 50-day moving average price of $2.92 and a two-hundred day moving average price of $2.81. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.46 and a current ratio of 1.00. Hennes & Mauritz has a 52 week low of $2.37 and a 52 week high of $3.59. The firm has a market capitalization of $22.56 billion, a PE ratio of 24.62 and a beta of 1.25.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Berenberg Bank raised shares of Hennes & Mauritz to a "strong-buy" rating in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Hennes & Mauritz in a report on Wednesday, September 3rd. Finally, Zacks Research raised shares of Hennes & Mauritz from a "strong sell" rating to a "hold" rating in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus 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.