E.On (OTCMKTS:EONGY – Get Free Report) will likely be issuing its results before the market opens on Wednesday, November 11th. Analysts expect the company to announce earnings of $0.1962 per share and revenue of $39.52 billion for the quarter.
E.On (OTCMKTS:EONGY – Get Free Report) last posted its earnings results on Wednesday, August 12th. The utilities provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.10). The firm had revenue of $18.89 billion for the quarter, compared to the consensus estimate of $40.44 billion. E.On had a return on equity of 11.35% and a net margin of 4.49%. On average, analysts expect E.On to post $1.23 EPS for the current fiscal year and $1.41 EPS for the next fiscal year.
E.On Stock Performance
E.On stock opened at $20.57 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 1.38. The firm has a 50-day moving average of $20.03 and a 200-day moving average of $21.20. The firm has a market cap of $53.78 billion, a P/E ratio of 15.68, a P/E/G ratio of 4.87 and a beta of 0.67. E.On has a 1-year low of $17.38 and a 1-year high of $23.58.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on EONGY shares. Jefferies Financial Group upgraded E.On from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. Sanford C. Bernstein raised shares of E.On to a “strong-buy” rating in a research report on Wednesday, October 21st. UBS Group raised shares of E.On from a “hold” rating to a “buy” rating in a research note on Monday, September 7th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of E.On in a research report on Thursday, July 9th. Finally, Berenberg Bank raised E.On from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 25th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Report on EONGY
About E.On
E.ON SE is a Germany-based energy company focused on operating energy networks and providing customer-oriented energy solutions. Its activities include electricity and gas distribution networks, energy supply, retail services, and solutions that support the transition to a lower-carbon energy system.
The company serves residential, commercial, industrial, and public-sector customers primarily across Europe. Its offerings include electricity and natural gas supply, energy-management services, distributed energy solutions, infrastructure for electric mobility, and services related to energy efficiency and renewable energy integration.
E.ON was created in 2000 through the merger of German utility groups VEBA and VIAG.
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