Compagnie Financiere Richemont (CFRUY) Projected to Announce Earnings on Friday

Compagnie Financiere Richemont (OTCMKTS:CFRUY) is projected to announce its results before the market opens on Friday, November 13th. Analysts expect the company to post earnings of $0.4160 per share and revenue of $13.68 billion for the quarter.

Compagnie Financiere Richemont Trading Down 0.7%

CFRUY opened at $21.17 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.06 and a current ratio of 3.10. Compagnie Financiere Richemont has a fifty-two week low of $16.26 and a fifty-two week high of $24.86. The company’s 50-day moving average is $20.91 and its 200 day moving average is $20.91.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CFRUY. Royal Bank Of Canada lowered Compagnie Financiere Richemont from a “moderate buy” rating to a “hold” rating in a report on Tuesday, September 22nd. TD Cowen initiated coverage on Compagnie Financiere Richemont in a report on Friday, October 30th. They issued a “strong-buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Compagnie Financiere Richemont Company Profile

Compagnie Financière Richemont is a Switzerland-based luxury goods group whose businesses design, manufacture and sell jewelry, watches, fashion and accessories. Its portfolio includes jewelry houses such as Cartier, Van Cleef & Arpels and Buccellati, as well as specialist watchmakers including IWC Schaffhausen, Jaeger-LeCoultre, Panerai and Vacheron Constantin. The group also includes fashion and accessories Maisons such as Alaïa and Chloé. Its products are sold internationally through boutiques, e-commerce and wholesale partners, serving customers across major luxury markets worldwide.