RWE (RWEOY) to Release Earnings on Thursday

Key Points

• RWE will report earnings before market open on Thursday, March 19; analysts forecast $0.59 EPS and $18.2925 billion in revenue for the quarter.
• Shares opened at $61.91 and were trading down 1.4%, with a 1‑year range of $33.52–$64.90, a market cap of $44.95 billion and a P/E of 17.69; analysts' consensus is a Moderate Buy with a $53.30 average price target.

RWE (OTCMKTS:RWEOY - Get Free Report) is anticipated to post its results before the market opens on Thursday, March 19th. Analysts expect RWE to post earnings of $0.59 per share and revenue of $18.2925 billion for the quarter.

RWE Trading Down 1.4%

RWE stock opened at $61.91 on Thursday. RWE has a 1 year low of $33.52 and a 1 year high of $64.90. The firm's 50-day moving average is $60.86 and its 200-day moving average is $52.27. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.21 and a current ratio of 1.30. The company has a market cap of $44.95 billion, a P/E ratio of 17.69 and a beta of 0.68.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on RWEOY. Zacks Research upgraded RWE from a "hold" rating to a "strong-buy" rating in a research note on Monday. Citigroup reaffirmed a "neutral" rating on shares of RWE in a research note on Wednesday, February 11th. Finally, Sanford C. Bernstein lowered shares of RWE from an "outperform" rating to a "hold" rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, RWE presently has an average rating of "Moderate Buy" and a consensus price target 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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