HelloFresh (HLFFF) Expected to Announce Earnings on Thursday

HelloFresh (OTCMKTS:HLFFF) is projected to issue its resultson Thursday, August 13th. Analysts expect HelloFresh to announce earnings of $0.1738 per share and revenue of $1.7469 billion for the quarter.

HelloFresh Stock Performance

OTCMKTS:HLFFF opened at $4.42 on Thursday. The company’s 50-day moving average is $4.48 and its two-hundred day moving average is $5.07. HelloFresh has a 1-year low of $3.75 and a 1-year high of $11.00.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered shares of HelloFresh from a “buy” rating to a “neutral” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce”.

HelloFresh Company Profile

HelloFresh SE is a leading global meal kit company that specializes in delivering fresh, pre-portioned ingredients and chef-designed recipes directly to consumers’ doorsteps. Established in Berlin in 2011, HelloFresh has grown to become one of the largest meal kit providers worldwide by combining supply-chain efficiencies with a focus on high-quality ingredients. Subscribers choose from a rotating weekly menu featuring a variety of cuisines, dietary preferences and cooking skill levels, and receive step-by-step recipe cards to simplify meal preparation.

The company operates across North America, Europe and the Asia-Pacific region, with major markets including the United States, Canada, the United Kingdom, Germany, the Netherlands, Australia and New Zealand, among others.