Salvatore Ferragamo (SFRGY) to Release Quarterly Earnings on Tuesday

Salvatore Ferragamo (OTCMKTS:SFRGY) is anticipated to issue its results before the market opens on Tuesday, March 10th. Analysts expect the company to announce earnings of ($0.0235) per share and revenue of $593.1380 million for the quarter.

Salvatore Ferragamo Stock Up 8.1%

OTCMKTS:SFRGY opened at $3.74 on Friday. Salvatore Ferragamo has a 52-week low of $2.54 and a 52-week high of $5.27. The stock has a fifty day simple moving average of $4.23 and a 200-day simple moving average of $3.93.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “neutral” rating on shares of Salvatore Ferragamo in a report on Tuesday, December 16th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

About Salvatore Ferragamo

Salvatore Ferragamo S.p.A. operates as a designer, producer and distributor of high-end luxury footwear, leather goods, apparel and accessories. The company’s product portfolio spans men’s and women’s shoes, handbags, small leather items, silk products, ready-to-wear collections, eyewear, fragrances and watches. Through its vertically integrated business model, Ferragamo controls key aspects of the value chain, from design and manufacturing to wholesale distribution and direct-to-consumer retail.

Founded in 1927 by Italian shoemaker Salvatore Ferragamo, the company is headquartered in Florence, Italy and has grown into a globally recognized luxury brand.