Vestas Wind Systems AS (VWDRY) Projected to Release Earnings on Wednesday

Vestas Wind Systems AS (OTCMKTS:VWDRYGet Free Report) will likely be posting its results before the market opens on Wednesday, August 12th. Analysts expect Vestas Wind Systems AS to post earnings of $0.06 per share and revenue of $5.2032 billion for the quarter.

Vestas Wind Systems AS (OTCMKTS:VWDRYGet Free Report) last announced its earnings results on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. The business had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.48 billion. On average, analysts expect Vestas Wind Systems AS to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Vestas Wind Systems AS Price Performance

VWDRY stock opened at $8.94 on Wednesday. The firm has a 50 day moving average price of $8.96 and a 200-day moving average price of $9.17. Vestas Wind Systems AS has a 52-week low of $5.72 and a 52-week high of $10.58. The firm has a market capitalization of $26.70 billion, a price-to-earnings ratio of 27.09, a PEG ratio of 0.99 and a beta of 0.97. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 5th. Three research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on VWDRY

About Vestas Wind Systems AS

(Get Free Report)

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.

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Earnings History for Vestas Wind Systems AS (OTCMKTS:VWDRY)

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