Wienerberger (OTCMKTS:WBRBY) Posts Quarterly Earnings Results, Hits Expectations

Wienerberger (OTCMKTS:WBRBY) posted its quarterly earnings data on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05, Zacks reports.

Wienerberger Price Performance

OTCMKTS WBRBY traded down $0.20 during mid-day trading on Thursday, reaching $3.69. 6,985 shares of the company’s stock traded hands, compared to its average volume of 15,855. The company has a fifty day simple moving average of $3.84 and a 200-day simple moving average of $5.08. Wienerberger has a 1-year low of $3.32 and a 1-year high of $7.33.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Jefferies Financial Group started coverage on shares of Wienerberger in a report on Tuesday, October 13th. They set a “hold” rating on the stock. Citigroup lowered shares of Wienerberger from a “buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Finally, BNP Paribas Exane downgraded shares of Wienerberger to a “neutral” rating in a research note on Friday, July 24th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Wienerberger currently has an average rating of “Reduce”.

About Wienerberger

Wienerberger AG is an Austrian building materials company headquartered in Vienna. Founded in 1819, the company has developed into an international supplier of products and systems used in residential, commercial and infrastructure construction. Its portfolio includes clay bricks and blocks, roof tiles, concrete and clay pavers, and related building solutions. Through businesses such as Pipelife, Steinzeug-Keramo and Semmelrock, Wienerberger also provides plastic and ceramic pipe systems, wastewater and drainage solutions, and paving products for water management and outdoor construction.