Schibsted ASA (SBBTF) Set to Release Earnings on Tuesday

Schibsted ASA (OTCMKTS:SBBTF – Get Free Report) is expected to release its results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $0.2102 per share and revenue of $172.38 million for the quarter.

Schibsted ASA Price Performance

SBBTF opened at $19.79 on Monday. The company’s 50 day moving average is $22.98 and its 200 day moving average is $24.13. Schibsted ASA has a 12-month low of $19.79 and a 12-month high of $22.00.

About Schibsted ASA

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Schibsted ASA is a Norwegian media and digital services company with roots dating to 1839. The company has developed from a traditional newspaper publisher into a digital media group serving audiences primarily in Norway and Sweden.

Schibsted Media publishes news and editorial content through brands including VG, Aftenposten, Bergens Tidende, Stavanger Aftenblad, E24, Svenska Dagbladet and Aftonbladet. Its products include digital news websites, newspapers, subscription services, advertising platforms and other online media offerings.

Schibsted historically also operated major online marketplaces and classified-advertising services, including FINN in Norway, Blocket in Sweden, Tori in Finland and DBA in Denmark.

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