Rwe Ag Sp Expected to Earn FY2018 Earnings of $1.87 Per Share (RWEOY)

Rwe Ag Sp (OTCMKTS:RWEOY) – Stock analysts at Jefferies Financial Group cut their FY2018 earnings estimates for shares of Rwe Ag Sp in a report released on Wednesday, November 7th. Jefferies Financial Group analyst A. Farman now forecasts that the utilities provider will post earnings of $1.87 per share for the year, down from their previous forecast of $2.00. Jefferies Financial Group currently has a “Buy” rating on the stock.

Rwe Ag Sp (OTCMKTS:RWEOY) last released its quarterly earnings data on Friday, August 10th. The utilities provider reported ($0.64) EPS for the quarter. The business had revenue of $3.31 billion during the quarter. Rwe Ag Sp had a negative net margin of 3.99% and a positive return on equity of 1.61%.

Several other analysts have also recently commented on RWEOY. Zacks Investment Research cut Rwe Ag Sp from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 11th. Santander downgraded Rwe Ag Sp from a “buy” rating to a “hold” rating in a research report on Monday, October 8th. Finally, Morgan Stanley raised Rwe Ag Sp from an “equal weight” rating to an “overweight” rating in a research report on Friday, July 20th. Five analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Rwe Ag Sp has an average rating of “Buy” and a consensus target price of $28.00.

OTCMKTS:RWEOY opened at $21.04 on Thursday. The company has a market cap of $12.53 billion, a P/E ratio of 8.92 and a beta of 1.32. The company has a current ratio of 1.28, a quick ratio of 1.24 and a debt-to-equity ratio of 0.13. Rwe Ag Sp has a 52-week low of $18.40 and a 52-week high of $27.00.

About Rwe Ag Sp

RWE Aktiengesellschaft supplies electricity and gas. It operates through four segments: Lignite & Nuclear; European Power; Supply & Trading; and Innogy. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and operates and maintains solar farms, as well as generates heat.

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Earnings History and Estimates for Rwe Ag Sp (OTCMKTS:RWEOY)

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