BrightView (BV) Set to Announce Quarterly Earnings on Thursday

BrightView (NYSE:BVGet Rating) will post its quarterly earnings results before the market opens on Thursday, May 5th. Analysts expect BrightView to post earnings of $0.12 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

BrightView (NYSE:BVGet Rating) last posted its earnings results on Thursday, February 3rd. The company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.02). BrightView had a net margin of 1.76% and a return on equity of 8.07%. The company had revenue of $591.80 million during the quarter, compared to the consensus estimate of $589.95 million. During the same quarter in the prior year, the business earned $0.08 EPS. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. On average, analysts expect BrightView to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BV stock opened at $13.06 on Thursday. BrightView has a twelve month low of $12.11 and a twelve month high of $19.17. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.90. The firm has a 50 day moving average of $13.32. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 30.23 and a beta of 1.37.

A number of analysts recently commented on the company. Zacks Investment Research upgraded BrightView from a “sell” rating to a “hold” rating in a report on Tuesday, April 5th. William Blair lowered BrightView from an “outperform” rating to a “market perform” rating in a report on Monday, January 10th. One analyst has rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $15.50.

Large investors have recently added to or reduced their stakes in the business. UBS Group AG increased its position in BrightView by 210.5% in the third quarter. UBS Group AG now owns 3,117 shares of the company’s stock worth $46,000 after buying an additional 2,113 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in BrightView by 23.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 7,135 shares of the company’s stock worth $100,000 after buying an additional 1,360 shares during the last quarter. Royal Bank of Canada increased its position in BrightView by 32.9% in the third quarter. Royal Bank of Canada now owns 8,829 shares of the company’s stock worth $130,000 after buying an additional 2,184 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in BrightView by 109.2% in the third quarter. BNP Paribas Arbitrage SA now owns 12,069 shares of the company’s stock worth $178,000 after buying an additional 6,301 shares during the last quarter. Finally, MetLife Investment Management LLC increased its position in BrightView by 34.5% in the fourth quarter. MetLife Investment Management LLC now owns 14,394 shares of the company’s stock worth $203,000 after buying an additional 3,696 shares during the last quarter.

About BrightView (Get Rating)

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.

See Also

Earnings History for BrightView (NYSE:BV)

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