Wienerberger (OTCMKTS:WBRBY) Announces Earnings Results, Meets Estimates

Wienerberger (OTCMKTS:WBRBY) issued its quarterly earnings results on Thursday. The company reported $0.05 EPS for the quarter, hitting analysts’ consensus estimates of $0.05, Zacks reports.

Wienerberger Price Performance

Shares of OTCMKTS:WBRBY traded down $0.29 during trading on Thursday, hitting $3.60. The company’s stock had a trading volume of 12,324 shares, compared to its average volume of 15,878. The company has a 50-day moving average of $3.84 and a 200-day moving average of $5.08. Wienerberger has a 12 month low of $3.32 and a 12 month high of $7.33.

Analyst Upgrades and Downgrades

WBRBY has been the topic of several recent analyst reports. Citigroup downgraded shares of Wienerberger from a “buy” rating to a “hold” rating in a research report on Tuesday, July 21st. BNP Paribas Exane downgraded shares of Wienerberger to a “neutral” rating in a research report on Friday, July 24th. Finally, Jefferies Financial Group assumed coverage on shares of Wienerberger in a research report on Tuesday, October 13th. They issued a “hold” rating for the company. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Wienerberger Company Profile

Wienerberger AG is an Austrian building materials company headquartered in Vienna. Founded in 1819, the company has developed into an international supplier of products and systems used in residential, commercial and infrastructure construction. Its portfolio includes clay bricks and blocks, roof tiles, concrete and clay pavers, and related building solutions. Through businesses such as Pipelife, Steinzeug-Keramo and Semmelrock, Wienerberger also provides plastic and ceramic pipe systems, wastewater and drainage solutions, and paving products for water management and outdoor construction.