SSE (SSEZY) Set to Announce Quarterly Earnings on Wednesday

SSE (OTCMKTS:SSEZY) is expected to release its results before the market opens on Wednesday, November 18th. Analysts expect SSE to announce earnings of $0.8770 per share and revenue of $7.61 billion for the quarter.

SSE Stock Performance

Shares of SSE stock opened at $35.91 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.12 and a debt-to-equity ratio of 0.54. The stock has a 50 day moving average price of $33.32 and a 200-day moving average price of $33.63. SSE has a one year low of $25.93 and a one year high of $37.51.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SSEZY shares. Sanford C. Bernstein began coverage on SSE in a research report on Thursday, September 3rd. They issued an “outperform” rating for the company. Oddo Bhf assumed coverage on shares of SSE in a research note on Monday, October 5th. They set an “outperform” rating for the company. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, SSE has a consensus rating of “Hold”.

SSE Company Profile

SSE plc is a UK-based energy company focused on developing and operating electricity infrastructure. Its activities include renewable power generation and electricity networks, with operations primarily in the United Kingdom and Ireland. Through SSE Renewables, the company develops and operates assets including offshore and onshore wind farms and hydroelectric power stations. Its networks businesses operate electricity transmission infrastructure in the north of Scotland and distribution networks across northern Scotland and parts of central southern England.