RWE (RWEOY) Expected to Announce Quarterly Earnings on Wednesday

RWE (OTCMKTS:RWEOY - Get Free Report) is expected to issue its resultson Wednesday, May 13th. Analysts expect the company to announce earnings of $0.6140 per share and revenue of $9.7586 billion for the quarter.

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RWE (OTCMKTS:RWEOY - Get Free Report) last released its quarterly earnings data on Thursday, March 12th. The utilities provider reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.25. RWE had a net margin of 17.96% and a return on equity of 4.79%. The business had revenue of $18.29 billion during the quarter, compared to analysts' expectations of $18.29 billion. On average, analysts expect RWE to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

RWE Price Performance

RWEOY opened at $70.62 on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.50 and a debt-to-equity ratio of 0.37. RWE has a 12 month low of $35.63 and a 12 month high of $74.10. The company has a fifty day simple moving average of $66.45 and a 200 day simple moving average of $58.71. The stock has a market cap of $51.27 billion, a P/E ratio of 14.47, a P/E/G ratio of 1.78 and a beta of 0.67.

Analyst Upgrades and Downgrades

A number of research firms recently commented on RWEOY. Zacks Research upgraded shares of RWE from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 9th. Kepler Capital Markets upgraded shares of RWE from a "strong sell" rating to a "hold" rating in a research report on Monday, March 16th. Citigroup restated a "neutral" rating on shares of RWE in a research report on Wednesday, February 11th. Finally, Sanford C. Bernstein cut shares of RWE from an "outperform" rating to a "hold" rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $53.30.

RWE Company Profile

RWE AG, traded in the U.S. as OTCMKTS:RWEOY, is a leading European energy company headquartered in Essen, Germany. The firm operates as an integrated utility, encompassing power generation, supply, trading and renewable energy development. Its diversified portfolio spans conventional assets—such as gas- and coal-fired power plants—and an expanding array of wind, solar and battery-storage projects managed through its RWE Renewables division.

In its conventional business, RWE Generation produces baseload and peak‐load electricity to meet industrial and consumer demand across Germany, the Netherlands and the UK.

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