L’Oreal (LRLCY) Expected to Post Earnings on Wednesday

L’Oreal (OTCMKTS:LRLCY) is anticipated to announce its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $1.72 per share and revenue of $27.3389 billion for the quarter.

L’Oreal Price Performance

Shares of LRLCY opened at $84.75 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 1.15. L’Oreal has a 12 month low of $78.82 and a 12 month high of $95.48. The stock’s 50 day moving average is $87.06 and its two-hundred day moving average is $86.94.

Wall Street Analysts Forecast Growth

LRLCY has been the topic of a number of recent analyst reports. Citigroup upgraded L’Oreal from a “neutral” rating to a “buy” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft lowered shares of L’Oreal from a “hold” rating to a “sell” rating in a report on Monday, June 22nd. Berenberg Bank raised shares of L’Oreal from a “hold” rating to a “buy” rating in a report on Thursday, May 28th. Finally, BNP Paribas Exane raised shares of L’Oreal from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

About L’Oreal

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.