LVMH-Moet Hennessy Louis Vuitton (LVMUY) to Post Earnings on Monday

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) is expected to be issuing its resultson Monday, July 27th. Analysts expect LVMH-Moet Hennessy Louis Vuitton to post earnings of $2.47 per share and revenue of $22.0431 billion for the quarter.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

OTCMKTS:LVMUY opened at $104.68 on Friday. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $102.80 and a fifty-two week high of $152.95. The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. The business’s 50-day simple moving average is $111.70 and its 200-day simple moving average is $117.70.

Wall Street Analysts Forecast Growth

LVMUY has been the topic of several research analyst reports. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 10th. Barclays upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Five research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.