BYD (BYDDF) Set to Release Quarterly Earnings on Thursday

BYD (OTCMKTS:BYDDF) is projected to announce its results after the market closes on Thursday, October 29th. Analysts expect BYD to announce earnings of $0.1929 per share and revenue of $34.97 billion for the quarter.

BYD (OTCMKTS:BYDDF) last posted its quarterly earnings data on Friday, August 28th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.01). The company had revenue of $24.10 billion during the quarter, compared to analyst estimates of $25.62 billion.

BYD Price Performance

Shares of OTCMKTS BYDDF opened at $9.14 on Thursday. The stock has a fifty day simple moving average of $10.38 and a two-hundred day simple moving average of $11.31. BYD has a 1-year low of $9.00 and a 1-year high of $14.95.

Wall Street Analysts Forecast Growth

Separately, UBS Group set a $20.00 price target on BYD in a research report on Friday, September 11th.

About BYD

BYD Co, Ltd. is a China-based technology and manufacturing company founded in 1995 and headquartered in Shenzhen. The company is best known for developing and producing electric and plug-in hybrid vehicles, including passenger cars, buses, trucks and other commercial vehicles under the BYD brand.

BYD also manufactures batteries and related energy-storage products, including batteries used in vehicles, renewable-energy systems and other applications. Its broader business activities include solar-power equipment, energy-storage solutions, rail transit systems and electronic components and assembly services for consumer and industrial products.

The company serves customers in China and international markets across Asia, Europe, North America, South America and other regions.