Bilfinger (BFLBY) Expected to Post Earnings on Wednesday

Bilfinger (OTCMKTS:BFLBY) is expected to issue its resultson Wednesday, November 11th. Analysts expect Bilfinger to announce earnings of $0.2534 per share and revenue of $1.52 billion for the quarter.

Bilfinger Price Performance

BFLBY remained flat at $12.85 during midday trading on Wednesday. Bilfinger has a 1-year low of $11.90 and a 1-year high of $31.30. The stock has a fifty day moving average of $14.82 and a 200 day moving average of $20.82.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of Bilfinger to a “buy” rating in a research report on Thursday, August 27th. Two analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

About Bilfinger

Bilfinger SE is a Germany-based industrial services provider that helps customers plan, maintain, and improve industrial facilities. Its services include engineering and consulting, plant maintenance, repair and construction, as well as services such as insulation, scaffolding, piping, and electrical and instrumentation work.

The company serves process industries including chemicals, energy, oil and gas, pharmaceuticals, and manufacturing. Its work also includes supporting customers’ efforts to improve energy efficiency and reduce emissions.

Headquartered in Mannheim, Bilfinger has roots in a construction business founded in the 19th century.