EssilorLuxottica (ESLOY) to Post Earnings on Tuesday

EssilorLuxottica (OTCMKTS:ESLOY) is anticipated to post its resultson Tuesday, July 28th. Analysts expect EssilorLuxottica to announce earnings of $2.22 per share and revenue of $17.0774 billion for the quarter.

EssilorLuxottica Trading Up 0.7%

Shares of OTCMKTS:ESLOY opened at $92.54 on Friday. EssilorLuxottica has a 12-month low of $91.44 and a 12-month high of $186.81. The company’s 50 day moving average price is $98.99 and its two-hundred day moving average price is $119.42. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.70 and a current ratio of 0.99.

Analyst Ratings Changes

A number of equities analysts have commented on ESLOY shares. Zacks Research lowered EssilorLuxottica from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on EssilorLuxottica in a research report on Tuesday, May 12th. They set a “hold” rating for the company. Finally, The Goldman Sachs Group lowered EssilorLuxottica from a “buy” rating to a “hold” rating in a report on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

EssilorLuxottica Company Profile

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.