Wienerberger (WBRBY) Projected to Announce Earnings on Wednesday

Wienerberger (OTCMKTS:WBRBY) will likely be posting its results before the market opens on Wednesday, August 12th. Analysts expect Wienerberger to post earnings of $0.1599 per share and revenue of $1.6170 billion for the quarter.

Wienerberger (OTCMKTS:WBRBY) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.24 billion.

Wienerberger Stock Down 4.5%

Wienerberger stock opened at $4.71 on Wednesday. Wienerberger has a 52 week low of $4.38 and a 52 week high of $7.74. The company has a 50 day moving average price of $5.13 and a 200 day moving average price of $5.67.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Morgan Stanley cut Wienerberger to an “underweight” rating in a research report on Wednesday, June 10th. Citigroup downgraded Wienerberger from a “buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, BNP Paribas Exane lowered Wienerberger to a “neutral” rating in a research report on Friday, July 24th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.

About Wienerberger

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.