Danone (DANOY) to Release Earnings on Wednesday

Danone (OTCMKTS:DANOY) is projected to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Danone to post earnings of $2.10 per share and revenue of $6.66 billion for the quarter.

Danone Stock Up 0.7 %

Shares of DANOY opened at $14.12 on Wednesday. Danone has a one year low of $12.01 and a one year high of $14.72. The company has a 50-day moving average of $13.54 and a two-hundred day moving average of $13.82. The company has a current ratio of 0.91, a quick ratio of 0.74 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

DANOY has been the subject of a number of research analyst reports. The Goldman Sachs Group raised shares of Danone to a “hold” rating in a research report on Tuesday, December 17th. Jefferies Financial Group lowered shares of Danone from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th. Finally, Sanford C. Bernstein raised shares of Danone from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 9th.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.