BrightView (BV) to Release Earnings on Wednesday

BrightView (NYSE:BV) is set to issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.07 per share for the quarter. BrightView has set its FY 2024 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.

BrightView (NYSE:BV) last issued its quarterly earnings results on Wednesday, January 31st. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). The business had revenue of $626.70 million for the quarter, compared to analysts’ expectations of $651.07 million. BrightView had a negative net margin of 0.19% and a positive return on equity of 3.93%. On average, analysts expect BrightView to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BrightView Stock Performance

Shares of BV opened at $11.28 on Monday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of -56.40 and a beta of 1.23. The stock has a 50 day moving average of $10.52 and a 200 day moving average of $8.85. BrightView has a 12 month low of $5.16 and a 12 month high of $12.35.

Analyst Upgrades and Downgrades

BV has been the subject of a number of research analyst reports. The Goldman Sachs Group reaffirmed a “sell” rating and set a $10.00 price target (up from $8.00) on shares of BrightView in a research report on Thursday, April 4th. Jefferies Financial Group reissued a “hold” rating and issued a $9.00 target price on shares of BrightView in a research report on Monday, March 4th. Finally, Craig Hallum started coverage on BrightView in a research report on Monday, March 4th. They issued a “buy” rating and a $15.00 target price for the company.

About BrightView

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.