SSE (SSEZY) Set to Announce Quarterly Earnings on Wednesday

SSE (OTCMKTS:SSEZY) is expected to be posting its results before the market opens on Wednesday, November 18th. Analysts expect SSE to announce earnings of $0.8770 per share and revenue of $7.61 billion for the quarter.

SSE Stock Down 1.2%

Shares of SSEZY opened at $35.91 on Wednesday. SSE has a 1 year low of $25.93 and a 1 year high of $37.51. The business’s 50 day simple moving average is $33.32 and its 200-day simple moving average is $33.63. The company has a quick ratio of 1.12, a current ratio of 1.20 and a debt-to-equity ratio of 0.54.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on SSEZY shares. Sanford C. Bernstein assumed coverage on shares of SSE in a report on Thursday, September 3rd. They issued an “outperform” rating for the company. Oddo Bhf started coverage on shares of SSE in a research note on Monday, October 5th. They set an “outperform” rating on the stock. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, SSE has an average rating of “Hold”.

SSE Company Profile

SSE plc is a UK-based energy company focused on developing and operating electricity infrastructure. Its activities include renewable power generation and electricity networks, with operations primarily in the United Kingdom and Ireland. Through SSE Renewables, the company develops and operates assets including offshore and onshore wind farms and hydroelectric power stations. Its networks businesses operate electricity transmission infrastructure in the north of Scotland and distribution networks across northern Scotland and parts of central southern England.