Bucher Industries (BCHHF) Projected to Announce Quarterly Earnings on Thursday

Bucher Industries (OTCMKTS:BCHHF) will likely be posting its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $11.85 per share and revenue of $1.8245 billion for the quarter.

Bucher Industries Stock Performance

Shares of BCHHF opened at $379.66 on Wednesday. The stock’s fifty day moving average price is $392.24 and its two-hundred day moving average price is $437.37. Bucher Industries has a 1 year low of $379.66 and a 1 year high of $476.00.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada lowered Bucher Industries to a “sector perform” rating in a report on Friday, July 3rd. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Bucher Industries Company Profile

Bucher Industries AG is a Switzerland-based industrial group specializing in the design and manufacture of sophisticated machinery and systems for municipal, agricultural, glass and food-processing applications. Headquartered in Niederweningen, the company operates through four main divisions—Municipal, Hydraulics, Emhart Glass and Specials—serving customers around the world with tailored vehicle systems, fluid-power components, glass-forming equipment and food-and-beverage processing machinery.

The Bucher Municipal division develops and produces a range of municipal vehicles and equipment, including street sweepers, refuse collection units, sewer jetting and vacuum vehicles, as well as winter-maintenance and de-icing systems.