Siemens Healthineers (SMMNY) Projected to Post Quarterly Earnings on Wednesday

Siemens Healthineers (OTCMKTS:SMMNY) is anticipated to release its earnings data before the market opens on Wednesday, May 7th. Analysts expect Siemens Healthineers to post earnings of $0.30 per share and revenue of $6.07 billion for the quarter.

Siemens Healthineers (OTCMKTS:SMMNY) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.11).

Siemens Healthineers Stock Down 1.2 %

Shares of SMMNY opened at $26.64 on Wednesday. The business’s 50 day moving average is $26.83 and its two-hundred day moving average is $27.24. Siemens Healthineers has a 52-week low of $23.28 and a 52-week high of $30.19.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SMMNY shares. Hsbc Global Res upgraded shares of Siemens Healthineers from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 25th. HSBC upgraded Siemens Healthineers to a “buy” rating in a research note on Friday. Finally, Berenberg Bank raised Siemens Healthineers to a “strong-buy” rating in a report on Thursday, January 30th. One analyst has rated the stock with a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

About Siemens Healthineers

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.