Verbund (OEZVY) Projected to Release Earnings on Thursday

Verbund (OTCMKTS:OEZVY) is anticipated to post its results before the market opens on Thursday, November 5th. Analysts expect Verbund to post earnings of $0.1120 per share and revenue of $1.99 billion for the quarter.

Verbund Stock Performance

Verbund stock opened at $14.80 on Thursday. Verbund has a twelve month low of $11.88 and a twelve month high of $17.13. The business has a fifty day moving average of $14.45 and a two-hundred day moving average of $14.36.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised shares of Verbund from a “sell” rating to a “hold” rating in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Strong Sell”.

About Verbund

VERBUND AG is an Austrian electricity company focused primarily on the generation, trading and supply of renewable energy. Hydroelectric power is the core of its business, supported by electricity generated from wind and solar projects. The company also provides energy-related products and services for business customers and develops solutions related to decarbonization, including green hydrogen and other renewable-energy applications.

Founded in 1947, VERBUND has played a central role in Austria’s electricity sector and remains one of the country’s leading power producers.