United Internet (UDIRF) Projected to Release Quarterly Earnings on Thursday

United Internet (OTCMKTS:UDIRF) will likely be issuing its results before the market opens on Thursday, August 6th. Analysts expect United Internet to announce earnings of $0.2409 per share and revenue of $1.7013 billion for the quarter.

United Internet Price Performance

UDIRF opened at $27.34 on Wednesday. United Internet has a fifty-two week low of $15.55 and a fifty-two week high of $28.48. The firm has a market capitalization of $5.25 billion, a PE ratio of -80.40 and a beta of 0.12. The company’s 50-day moving average is $27.34 and its 200 day moving average is $27.34.

Analyst Ratings Changes

UDIRF has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of United Internet in a report on Friday, May 22nd. Barclays upgraded United Internet from an “equal weight” rating to an “overweight” rating in a report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, United Internet has a consensus rating of “Buy”.

About United Internet

United Internet AG is a Germany-based internet services company that operates a broad portfolio of consumer and business offerings. Founded in 1988 and headquartered in Montabaur, the company serves as an internet access provider through brands such as 1&1, 1&1 Drillisch and GMX. Its core activities include broadband and DSL connections, fiber-to-the-home services, and mobile communications under various regional trademarks. United Internet also runs a network of data centers across Europe, supporting the technical infrastructure for its access services.

In addition to connectivity, United Internet maintains a significant presence in web hosting and cloud services through its IONOS by 1&1 division.