Campari Group (DVDCF) Projected to Announce Quarterly Earnings on Wednesday

Campari Group (OTCMKTS:DVDCF) is expected to be posting its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $0.1468 per share and revenue of $1.8221 billion for the quarter.

Campari Group Trading Down 2.6%

Shares of DVDCF opened at $6.40 on Wednesday. The company has a 50-day moving average price of $6.31 and a two-hundred day moving average price of $6.91. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.93 and a current ratio of 2.22. Campari Group has a 12 month low of $6.07 and a 12 month high of $8.10.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Campari Group to a “hold” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Campari Group currently has an average rating of “Moderate Buy”.

About Campari Group

Campari Group is an Italian-based global beverage company specializing in the production, marketing and distribution of premium spirits and wines. Founded in Milan in 1860 by Gaspare Campari, the company has built a diversified portfolio of iconic brands that span various categories, including aperitifs, liqueurs, vodka, whiskey, rum, gin and ready-to-drink (RTD) cocktails.

The company’s flagship product, Campari, is a bright red, bittersweet aperitif known for its distinctive taste and versatility in classic cocktails such as the Negroni and Americano.