Ørsted A/S (DNNGY) Expected to Announce Earnings on Wednesday

Ørsted A/S (OTCMKTS:DNNGY) is anticipated to release its resultson Wednesday, May 6th. Analysts expect Ørsted A/S to post earnings of $0.1638 per share and revenue of $3.5970 billion for the quarter.

Ørsted A/S Trading Down 0.8%

Shares of DNNGY opened at $8.72 on Tuesday. Ørsted A/S has a 1-year low of $5.75 and a 1-year high of $33.02. The company has a 50-day moving average of $7.96 and a 200 day moving average of $7.48.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Ørsted A/S from a “neutral” rating to a “buy” rating in a report on Monday, April 27th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Ørsted A/S presently has a consensus rating of “Buy”.

Ørsted A/S Company Profile

Ørsted A/S (OTCMKTS:DNNGY) is a Denmark-based renewable energy company that specializes in the development, construction and operation of offshore wind farms. Formerly known as DONG Energy until its rebranding in 2017 to honor Danish scientist Hans Christian Ørsted, the company has grown into a global leader in offshore wind power and green energy solutions.

The company’s core activities include the full lifecycle management of offshore wind projects, encompassing site identification, engineering, turbine installation and long-term operations and maintenance.