Wienerberger (WBRBY) Expected to Announce Quarterly Earnings on Wednesday

Wienerberger (OTCMKTS:WBRBY – Get Free Report) is projected to post its results before the market opens on Wednesday, August 12th. Analysts expect the company to announce earnings of $0.1599 per share and revenue of $1.6170 billion for the quarter.

Wienerberger (OTCMKTS:WBRBY – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.24 billion.

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Wienerberger Stock Performance

Shares of OTCMKTS:WBRBY opened at $4.71 on Wednesday. The firm’s 50 day moving average is $5.13 and its two-hundred day moving average is $5.67. Wienerberger has a 52 week low of $4.38 and a 52 week high of $7.74.

Analyst Ratings Changes

WBRBY has been the topic of several analyst reports. Morgan Stanley downgraded Wienerberger to an “underweight” rating in a research note on Wednesday, June 10th. Citigroup cut Wienerberger from a “buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, BNP Paribas Exane cut shares of Wienerberger to a “neutral” rating in a research note on Friday, July 24th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Read Our Latest Research Report on WBRBY

About Wienerberger

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Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.

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