Repsol (REPYY) Expected to Announce Earnings on Thursday

Repsol (OTCMKTS:REPYY) is expected to issue its results before the market opens on Thursday, October 30th. Analysts expect the company to announce earnings of $0.73 per share for the quarter.

Repsol (OTCMKTS:REPYY) last issued its quarterly earnings data on Thursday, July 24th. The energy company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.23. Repsol had a return on equity of 9.06% and a net margin of 1.33%.The company had revenue of $16.48 billion during the quarter, compared to the consensus estimate of $14.91 billion. On average, analysts expect Repsol to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Repsol Price Performance

Shares of REPYY stock opened at $17.26 on Thursday. The stock has a market capitalization of $19.97 billion, a PE ratio of 26.97 and a beta of 0.65. The business’s 50 day simple moving average is $16.96 and its 200 day simple moving average is $14.81. Repsol has a one year low of $10.41 and a one year high of $18.42.

Analysts Set New Price Targets

A number of research firms have recently commented on REPYY. Wall Street Zen raised shares of Repsol from a “hold” rating to a “buy” rating in a research note on Friday, August 1st. Citigroup restated a “buy” rating on shares of Repsol in a research report on Thursday, July 10th. Berenberg Bank raised Repsol from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. Finally, Zacks Research cut Repsol from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Repsol Company Profile

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.