Brenntag (BNTGY) Expected to Announce Quarterly Earnings on Tuesday

Brenntag (OTCMKTS:BNTGY) is anticipated to announce its earnings results on Tuesday, May 13th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $4.15 billion for the quarter.

Brenntag (OTCMKTS:BNTGY) last issued its quarterly earnings data on Wednesday, March 12th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $4.26 billion during the quarter, compared to analyst estimates of $3.84 billion. Brenntag had a return on equity of 12.24% and a net margin of 3.36%. On average, analysts expect Brenntag to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Brenntag Stock Performance

Shares of Brenntag stock opened at $13.56 on Monday. The firm has a 50-day simple moving average of $13.19 and a two-hundred day simple moving average of $12.77. The company has a market cap of $9.79 billion, a P/E ratio of 16.74 and a beta of 0.93. Brenntag has a fifty-two week low of $11.09 and a fifty-two week high of $16.79.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. UBS Group cut shares of Brenntag from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Barclays raised shares of Brenntag from a “strong sell” rating to a “hold” rating in a research note on Friday, January 17th. Finally, DZ Bank raised shares of Brenntag from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 28th.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.