Vonovia (VONOY) Set to Post Quarterly Earnings on Wednesday

Vonovia (OTCMKTS:VONOY – Get Free Report) is anticipated to announce its results before the market opens on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.2595 per share and revenue of $991.51 million for the quarter.

Vonovia (OTCMKTS:VONOY – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.24. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.01 billion. On average, analysts expect Vonovia to post $1.07 EPS for the current fiscal year and $1.08 EPS for the next fiscal year.

Vonovia Price Performance

VONOY opened at $9.18 on Wednesday. Vonovia has a 12-month low of $8.99 and a 12-month high of $17.05. The business’s fifty day simple moving average is $10.14 and its 200-day simple moving average is $12.48.

Analysts Set New Price Targets

VONOY has been the topic of several recent research reports. The Goldman Sachs Group cut shares of Vonovia from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Zacks Research raised shares of Vonovia from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th. Morgan Stanley downgraded shares of Vonovia to an “underweight” rating in a research note on Tuesday, October 20th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Vonovia in a report on Wednesday, October 14th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Vonovia currently has a consensus rating of “Hold”.

Check Out Our Latest Report on Vonovia

Vonovia Company Profile

(Get Free Report)

Vonovia SE is a European residential real estate company headquartered in Bochum, Germany. The company owns, manages and develops residential properties, with a portfolio focused primarily on apartments and homes for individuals and families.

Its activities include property management, tenant services, building maintenance, modernization and the development of new residential projects. Vonovia also provides related services such as energy solutions, technical building operations and other services intended to support the management and improvement of its properties.

Vonovia serves tenants primarily in Germany, Austria and Sweden.

Further Reading

Earnings History for Vonovia (OTCMKTS:VONOY)

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