Wienerberger (OTCMKTS:WBRBY) Releases Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Wienerberger (OTCMKTS:WBRBY) issued its quarterly earnings data on Wednesday. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.09), Zacks reports.

Wienerberger Stock Performance

Shares of WBRBY traded up $0.06 during trading hours on Wednesday, hitting $4.86. The stock had a trading volume of 899 shares, compared to its average volume of 14,399. The firm has a 50 day simple moving average of $5.06 and a 200-day simple moving average of $5.61. Wienerberger has a 1-year low of $4.38 and a 1-year high of $7.74.

Analyst Ratings Changes

Several analysts have recently weighed in on WBRBY shares. BNP Paribas Exane cut Wienerberger to a “neutral” rating in a report on Friday, July 24th. Morgan Stanley downgraded shares of Wienerberger to an “underweight” rating in a research report on Wednesday, June 10th. Finally, Citigroup downgraded Wienerberger from a “buy” rating to a “hold” rating in a report on Tuesday, July 21st. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Wienerberger currently has a consensus rating of “Reduce”.

About Wienerberger

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.