Carrefour (CRRFY) to Announce Earnings on Thursday

Carrefour (OTCMKTS:CRRFY) is expected to be announcing its resultson Thursday, July 23rd. Analysts expect the company to announce earnings of $0.1076 per share and revenue of $45.9341 billion for the quarter.

Carrefour Price Performance

CRRFY opened at $3.78 on Tuesday. The company has a fifty day moving average price of $3.76 and a 200-day moving average price of $3.68. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.63 and a current ratio of 0.87. Carrefour has a one year low of $2.82 and a one year high of $4.13.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Royal Bank Of Canada started coverage on Carrefour in a research report on Monday, July 6th. They set a “moderate buy” rating for the company. UBS Group raised Carrefour from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Finally, Oddo Bhf raised Carrefour to a “neutral” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Carrefour currently has a consensus rating of “Moderate Buy”.

Carrefour Company Profile

Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world’s largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.

Carrefour’s core business activities revolve around food retailing, non-food products and services.