Greggs (GGGSF) Expected to Post Quarterly Earnings on Tuesday

Greggs (OTCMKTS:GGGSF) is expected to release its resultson Tuesday, August 4th. Analysts expect Greggs to post earnings of $0.6690 per share and revenue of $1.4515 billion for the quarter.

Greggs Stock Performance

Greggs stock opened at $22.20 on Tuesday. Greggs has a 1-year low of $18.82 and a 1-year high of $24.00. The firm has a 50-day moving average of $21.69 and a 200-day moving average of $21.72.

Analyst Ratings Changes

Separately, BNP Paribas Exane started coverage on Greggs in a research report on Monday, April 27th. They set an “underperform” rating for the company. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Greggs currently has a consensus rating of “Hold”.

Greggs Company Profile

Greggs plc, trading on the OTC Markets under the symbol GGGSF, is a leading UK-based bakery chain specializing in freshly prepared food and beverage offerings. Established in 1939, the company has grown from a single bakery in Newcastle upon Tyne into one of Britain’s most recognized high-street brands. Greggs operates a network of more than 2,000 retail outlets, including stand-alone shops, in-store concessions, and kiosks situated in transport hubs and convenience locations across England, Scotland and Wales.

The company’s core product range centers on bakery items such as its iconic sausage rolls, pastries, and sweet treats, complemented by a selection of sandwiches, salads and hot and cold beverages.