Campari Group (DVDCF) to Release Earnings on Wednesday

Campari Group (OTCMKTS:DVDCF) is anticipated to post its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $0.1468 per share and revenue of $1.8221 billion for the quarter.

Campari Group Stock Performance

Shares of OTCMKTS DVDCF opened at $6.20 on Tuesday. The business’s 50 day moving average price is $6.29 and its two-hundred day moving average price is $6.90. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.22 and a quick ratio of 0.93. Campari Group has a twelve month low of $6.07 and a twelve month high of $8.10.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Campari Group to a “hold” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Campari Group

Campari Group is an Italian-based global beverage company specializing in the production, marketing and distribution of premium spirits and wines. Founded in Milan in 1860 by Gaspare Campari, the company has built a diversified portfolio of iconic brands that span various categories, including aperitifs, liqueurs, vodka, whiskey, rum, gin and ready-to-drink (RTD) cocktails.

The company’s flagship product, Campari, is a bright red, bittersweet aperitif known for its distinctive taste and versatility in classic cocktails such as the Negroni and Americano.