HelloFresh (HLFFF) to Release Quarterly Earnings on Wednesday

HelloFresh (OTCMKTS:HLFFF) is expected to be issuing its results before the market opens on Wednesday, March 18th. Analysts expect the company to announce earnings of $1.27 per share and revenue of $1.5769 billion for the quarter.

HelloFresh Stock Down 0.6%

Shares of HelloFresh stock opened at $5.46 on Wednesday. HelloFresh has a 1-year low of $5.45 and a 1-year high of $13.81. The firm’s 50-day moving average price is $6.42 and its two-hundred day moving average price is $7.37.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley cut HelloFresh from an “overweight” rating to an “underweight” rating in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

HelloFresh Company Profile

HelloFresh SE is a leading global meal kit company that specializes in delivering fresh, pre-portioned ingredients and chef-designed recipes directly to consumers’ doorsteps. Established in Berlin in 2011, HelloFresh has grown to become one of the largest meal kit providers worldwide by combining supply-chain efficiencies with a focus on high-quality ingredients. Subscribers choose from a rotating weekly menu featuring a variety of cuisines, dietary preferences and cooking skill levels, and receive step-by-step recipe cards to simplify meal preparation.

The company operates across North America, Europe and the Asia-Pacific region, with major markets including the United States, Canada, the United Kingdom, Germany, the Netherlands, Australia and New Zealand, among others.