Volkswagen (VWAGY) Expected to Announce Earnings on Thursday

Volkswagen (OTCMKTS:VWAGY - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $82.18 billion for the quarter.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.08). The firm had revenue of $94.79 billion for the quarter, compared to analysts' expectations of $76.90 billion. Volkswagen had a return on equity of 4.28% and a net margin of 2.57%. On average, analysts expect Volkswagen to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Volkswagen Stock Performance

OTCMKTS:VWAGY traded down $0.13 on Friday, hitting $10.50. The stock had a trading volume of 177,203 shares, compared to its average volume of 197,598. Volkswagen has a 1 year low of $8.57 and a 1 year high of $12.29. The firm's fifty day simple moving average is $10.81 and its two-hundred day simple moving average is $10.80. The stock has a market cap of $52.64 billion, a P/E ratio of 5.80, a price-to-earnings-growth ratio of 0.67 and a beta of 1.30.

Volkswagen Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 21st were given a dividend of $0.4419 per share. This represents a dividend yield of 379.0%. The ex-dividend date of this dividend was Tuesday, May 20th. Volkswagen's dividend payout ratio (DPR) is presently 24.86%.

Wall Street Analyst Weigh In

Several research firms have weighed in on VWAGY. Morgan Stanley raised Volkswagen from an "underweight" rating to an "equal weight" rating in a research report on Friday, April 25th. Sanford C. Bernstein upgraded Volkswagen to a "hold" rating in a research note on Thursday, May 1st. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold".

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.