SSE (SSEZY) Projected to Post Quarterly Earnings on Tuesday

SSE (OTCMKTS:SSEZY) is expected to be announcing its resultson Tuesday, May 19th. Analysts expect the company to announce earnings of $1.58 per share and revenue of $7.39 billion for the quarter.

SSE Trading Down 0.8%

Shares of OTCMKTS:SSEZY opened at $34.21 on Tuesday. SSE has a 12-month low of $21.70 and a 12-month high of $37.51. The business has a 50 day moving average of $35.59 and a 200-day moving average of $32.27. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on SSEZY shares. Citigroup restated a “sell” rating on shares of SSE in a report on Monday, January 26th. Zacks Research cut SSE from a “hold” rating to a “strong sell” rating in a report on Thursday, April 2nd. Finally, The Goldman Sachs Group restated a “neutral” rating on shares of SSE in a report on Monday, March 23rd. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, SSE presently has an average rating of “Hold”.

SSE Company Profile

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.