Wienerberger (OTCMKTS:WBRBY) Posts Earnings Results, Hits Estimates

Wienerberger (OTCMKTS:WBRBY – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05, Zacks reports. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.41 billion.

Wienerberger Price Performance

Shares of Wienerberger stock traded down $0.20 on Friday, hitting $3.69. The company’s stock had a trading volume of 1,602 shares, compared to its average volume of 15,908. Wienerberger has a 52-week low of $3.32 and a 52-week high of $7.33. The firm has a fifty day moving average price of $3.83 and a 200-day moving average price of $5.06.

Analyst Ratings Changes

WBRBY has been the topic of several recent analyst reports. BNP Paribas Exane lowered shares of Wienerberger to a “neutral” rating in a research report on Friday, July 24th. Jefferies Financial Group began coverage on shares of Wienerberger in a research report on Tuesday, October 13th. They set a “hold” rating for the company. Finally, Citigroup lowered Wienerberger from a “buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

View Our Latest Report on WBRBY

Wienerberger Company Profile

(Get Free Report)

Wienerberger AG is an Austrian building materials company headquartered in Vienna. Founded in 1819, the company has developed into an international supplier of products and systems used in residential, commercial and infrastructure construction. Its portfolio includes clay bricks and blocks, roof tiles, concrete and clay pavers, and related building solutions. Through businesses such as Pipelife, Steinzeug-Keramo and Semmelrock, Wienerberger also provides plastic and ceramic pipe systems, wastewater and drainage solutions, and paving products for water management and outdoor construction.

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Earnings History for Wienerberger (OTCMKTS:WBRBY)

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