EssilorLuxottica (ESLOY) to Post Quarterly Earnings on Tuesday

EssilorLuxottica (OTCMKTS:ESLOY) will likely be announcing its resultson Tuesday, July 28th. Analysts expect EssilorLuxottica to announce earnings of $2.22 per share and revenue of $17.0774 billion for the quarter.

EssilorLuxottica Stock Performance

OTCMKTS:ESLOY opened at $95.23 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.70 and a debt-to-equity ratio of 0.17. The company’s 50 day moving average price is $99.50 and its 200-day moving average price is $120.96. EssilorLuxottica has a 52 week low of $91.57 and a 52 week high of $186.81.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft assumed coverage on EssilorLuxottica in a research report on Tuesday, May 12th. They issued a “hold” rating on the stock. The Goldman Sachs Group lowered EssilorLuxottica from a “buy” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, Zacks Research downgraded EssilorLuxottica from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

EssilorLuxottica Company Profile

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.