BrightView (BV) Scheduled to Post Quarterly Earnings on Wednesday

BrightView (NYSE:BV) will release its earnings data after the market closes on Wednesday, May 1st. Analysts expect BrightView to post earnings of $0.07 per share for the quarter. BrightView has set its FY 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

BrightView (NYSE:BV) last issued its earnings results on Wednesday, January 31st. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.04). The company had revenue of $626.70 million for the quarter, compared to analysts’ expectations of $651.07 million. BrightView had a positive return on equity of 3.93% and a negative net margin of 0.19%. On average, analysts expect BrightView to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BrightView Price Performance

Shares of NYSE BV opened at $11.52 on Wednesday. The firm has a market capitalization of $1.09 billion, a P/E ratio of -57.60 and a beta of 1.23. BrightView has a one year low of $5.16 and a one year high of $12.35. The company’s fifty day moving average is $10.36 and its two-hundred day moving average is $8.77. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.64 and a current ratio of 1.64.

Analysts Set New Price Targets

Several brokerages have commented on BV. Craig Hallum began coverage on shares of BrightView in a research report on Monday, March 4th. They set a “buy” rating and a $15.00 target price on the stock. The Goldman Sachs Group reaffirmed a “sell” rating and set a $10.00 price target (up previously from $8.00) on shares of BrightView in a research note on Thursday, April 4th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $9.00 price target on shares of BrightView in a research note on Monday, March 4th.

About BrightView

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.