OMV (OMVKY) Expected to Announce Quarterly Earnings on Wednesday

OMV (OTCMKTS:OMVKY - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Wednesday, July 30th. Analysts expect OMV to post earnings of $0.37 per share and revenue of $8.41 billion for the quarter.

OMV (OTCMKTS:OMVKY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.91. OMV had a net margin of 3.27% and a return on equity of 7.36%. The company had revenue of $6.75 billion for the quarter, compared to analyst estimates of $9.29 billion. On average, analysts expect OMV to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

OMV Trading Down 0.6%

Shares of OTCMKTS:OMVKY traded down $0.08 during trading on Friday, reaching $13.64. The stock had a trading volume of 5,339 shares, compared to its average volume of 6,377. The firm's fifty day moving average is $13.35 and its 200 day moving average is $12.20. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.35 and a current ratio of 1.64. OMV has a 52 week low of $9.42 and a 52 week high of $13.96. The stock has a market cap of $17.85 billion, a price-to-earnings ratio of 5.32, a P/E/G ratio of 1.37 and a beta of 0.27.

OMV Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, June 17th. Stockholders of record on Friday, June 6th were paid a $0.3423 dividend. This represents a dividend yield of 2.56%. The ex-dividend date of this dividend was Thursday, June 5th. OMV's dividend payout ratio is currently 22.66%.

Wall Street Analysts Forecast Growth

Separately, Cfra Research raised shares of OMV to a "moderate sell" rating in a research note on Wednesday, April 9th.

About OMV

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.