HelloFresh (HLFFF) to Post Earnings on Thursday

HelloFresh (OTCMKTS:HLFFF) will likely be announcing its resultson Thursday, August 13th. Analysts expect the company to announce earnings of $0.1738 per share and revenue of $1.7469 billion for the quarter.

HelloFresh Price Performance

Shares of HelloFresh stock opened at $3.94 on Tuesday. The business has a 50 day simple moving average of $4.44 and a two-hundred day simple moving average of $5.02. HelloFresh has a 12 month low of $3.49 and a 12 month high of $10.18.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut HelloFresh from a “buy” rating to a “neutral” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

About HelloFresh

HelloFresh SE is a leading global meal kit company that specializes in delivering fresh, pre-portioned ingredients and chef-designed recipes directly to consumers’ doorsteps. Established in Berlin in 2011, HelloFresh has grown to become one of the largest meal kit providers worldwide by combining supply-chain efficiencies with a focus on high-quality ingredients. Subscribers choose from a rotating weekly menu featuring a variety of cuisines, dietary preferences and cooking skill levels, and receive step-by-step recipe cards to simplify meal preparation.

The company operates across North America, Europe and the Asia-Pacific region, with major markets including the United States, Canada, the United Kingdom, Germany, the Netherlands, Australia and New Zealand, among others.