Heineken (HEINY) Expected to Post Earnings on Wednesday

Heineken (OTCMKTS:HEINYGet Free Report) will likely be posting its resultson Wednesday, August 5th. Analysts expect Heineken to post earnings of $1.29 per share and revenue of $16.9731 billion for the quarter.

Heineken Trading Up 3.6%

Shares of HEINY opened at $45.28 on Wednesday. Heineken has a twelve month low of $37.03 and a twelve month high of $47.63. The company has a quick ratio of 0.69, a current ratio of 0.93 and a debt-to-equity ratio of 0.79. The firm’s 50 day moving average price is $41.55 and its two-hundred day moving average price is $41.06.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HEINY. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a report on Monday, April 27th. JPMorgan Chase & Co. cut Heineken from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft lowered Heineken from a “buy” rating to a “hold” rating in a research report on Thursday, May 28th. Finally, Zacks Research downgraded Heineken from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Read Our Latest Report on Heineken

About Heineken

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Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.

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