Heidelberg Materials (HLBZF) Expected to Announce Earnings on Thursday

Heidelberg Materials (OTCMKTS:HLBZF) is expected to announce its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $3.63 per share and revenue of $11.8449 billion for the quarter.

Heidelberg Materials Stock Down 5.6%

Shares of HLBZF opened at $191.28 on Thursday. Heidelberg Materials has a 52-week low of $181.00 and a 52-week high of $299.59. The stock has a fifty day simple moving average of $203.60 and a two-hundred day simple moving average of $222.72.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reissued an “overweight” rating on shares of Heidelberg Materials in a report on Thursday, April 9th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

About Heidelberg Materials

Heidelberg Materials (OTCMKTS: HLBZF) is a global building materials company headquartered in Heidelberg, Germany. Formerly known as HeidelbergCement, the company develops, manufactures and markets a comprehensive range of construction materials. Its core product lines include cement, aggregates, ready-mix concrete and asphalt, complemented by performance materials such as mineral components, industrial fillers and admixtures.

In addition to commodity building products, Heidelberg Materials offers tailored solutions encompassing technical consulting, digital construction platforms and CO₂ management services.