Prada (PRDSY) Expected to Announce Earnings on Thursday

Prada (OTCMKTS:PRDSY) is projected to issue its results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $0.4465 per share and revenue of $1.8782 billion for the quarter.

Prada Stock Performance

Shares of PRDSY opened at $11.28 on Monday. The business has a 50-day simple moving average of $10.87 and a two-hundred day simple moving average of $11.41. Prada has a 52 week low of $10.00 and a 52 week high of $17.86.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PRDSY. Barclays initiated coverage on shares of Prada in a report on Tuesday, January 13th. They set an “overweight” rating on the stock. UBS Group cut shares of Prada from a “buy” rating to a “neutral” rating in a research note on Friday, November 28th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Prada Company Profile

Prada S.p.A. is an Italian luxury fashion house renowned for its high-end leather goods, ready-to-wear collections and accessories. Founded in 1913 by Mario Prada in Milan, the company has built a reputation for craftsmanship and understated elegance. Its product portfolio spans handbags, small leather goods, footwear, eyewear and fragrances, all designed to reflect a blend of traditional techniques and contemporary sensibilities.

The company distributes its products through a network of directly operated boutiques, franchise stores and e-commerce platforms.