H & M Hennes & Mauritz AB (publ) (HNNMY) Projected to Post Earnings on Wednesday

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) is anticipated to announce its earnings results on Wednesday, March 26th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $56.15 billion for the quarter.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. On average, analysts expect H & M Hennes & Mauritz AB (publ) to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

H & M Hennes & Mauritz AB (publ) Trading Down 0.7 %

OTCMKTS HNNMY opened at $2.61 on Tuesday. The firm has a market cap of $18.49 billion, a PE ratio of 18.65 and a beta of 1.40. H & M Hennes & Mauritz AB has a 1-year low of $2.46 and a 1-year high of $3.69. The stock has a 50-day moving average of $2.67 and a 200-day moving average of $2.86. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HNNMY. Hsbc Global Res lowered H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Barclays lowered shares of H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

About H & M Hennes & Mauritz AB (publ)

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.