Adecco (AHEXY) to Release Quarterly Earnings on Tuesday

Adecco (OTCMKTS:AHEXY) will likely be announcing its results before the market opens on Tuesday, November 4th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

Adecco (OTCMKTS:AHEXY) last posted its quarterly earnings data on Tuesday, August 5th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.02). The firm had revenue of $6.71 billion for the quarter, compared to analyst estimates of $5.72 billion. Adecco had a return on equity of 10.94% and a net margin of 1.26%. On average, analysts expect Adecco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Adecco Stock Performance

AHEXY stock opened at $13.89 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.83. The company has a market cap of $4.68 billion, a P/E ratio of 14.78, a price-to-earnings-growth ratio of 1.28 and a beta of 1.18. Adecco has a twelve month low of $11.08 and a twelve month high of $16.89. The business’s fifty day moving average is $14.47 and its 200-day moving average is $14.61.

Wall Street Analyst Weigh In

AHEXY has been the subject of several research reports. Cfra Research raised shares of Adecco from a “moderate sell” rating to a “hold” rating in a report on Wednesday, August 6th. Royal Bank Of Canada reissued an “outperform” rating on shares of Adecco in a report on Tuesday, August 12th. Sanford C. Bernstein raised shares of Adecco from a “hold” rating to an “outperform” rating in a report on Monday, September 22nd. Jefferies Financial Group raised shares of Adecco from a “moderate sell” rating to a “hold” rating in a report on Thursday, September 11th. Finally, Zacks Research cut shares of Adecco from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Adecco has an average rating of “Moderate Buy”.

Adecco Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.