Univar Inc. (UNVR) to Release Earnings on Friday

Univar Inc. (NYSE:UNVR) is scheduled to release its earnings data before the market opens on Friday, November 3rd. Analysts expect Univar to post earnings of $0.32 per share for the quarter.

Univar (NYSE:UNVR) last announced its quarterly earnings results on Friday, August 4th. The basic materials company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Univar had a positive return on equity of 15.46% and a negative net margin of 0.85%. The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the prior year, the business posted $0.29 earnings per share. The business’s revenue was down .7% compared to the same quarter last year. On average, analysts expect Univar to post $0.90 EPS for the current fiscal year and $1.54 EPS for the next fiscal year.

Shares of Univar Inc. (UNVR) opened at 29.12 on Friday. The firm has a 50-day moving average price of $28.90 and a 200-day moving average price of $28.90. The company’s market capitalization is $4.09 billion. Univar Inc. has a 12 month low of $20.54 and a 12 month high of $33.15.

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A number of equities research analysts have commented on UNVR shares. Zacks Investment Research lowered Univar from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. BidaskClub upgraded Univar from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Barclays PLC upped their price target on Univar from $33.00 to $34.00 and gave the company an “equal weight” rating in a research report on Monday, August 7th. Berenberg Bank started coverage on Univar in a research report on Thursday, July 6th. They issued a “sell” rating and a $24.00 price target on the stock. Finally, Credit Suisse Group reduced their price target on Univar from $39.00 to $36.00 and set an “outperform” rating on the stock in a research report on Thursday, August 31st. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. Univar presently has an average rating of “Hold” and an average price target of $33.33.

About Univar

Univar Inc is a distributor of commodity and specialty chemicals. The Company operates through four segments: Univar USA (USA); Univar Canada (Canada); Univar Europe and the Middle East and Africa (EMEA), and Rest of World. The Company’s USA segment supplies a range of commodity and specialty chemicals, as well as services to a range of end markets, including manufacturing and industrial production sectors in the United States.

Earnings History for Univar (NYSE:UNVR)

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