Bridgestone (BRDCY) Expected to Announce Quarterly Earnings on Monday

Bridgestone (OTCMKTS:BRDCY) will likely be issuing its results before the market opens on Monday, November 17th. Analysts expect the company to announce earnings of $0.3650 per share and revenue of $7.3906 billion for the quarter.

Bridgestone Stock Performance

BRDCY opened at $23.58 on Friday. Bridgestone has a 1 year low of $15.90 and a 1 year high of $24.54. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.51 and a quick ratio of 1.69. The company has a market capitalization of $32.30 billion, a PE ratio of 17.47, a price-to-earnings-growth ratio of 1.38 and a beta of 0.50. The business has a fifty day simple moving average of $22.84 and a 200 day simple moving average of $21.76.

Wall Street Analyst Weigh In

Separately, CLSA upgraded shares of Bridgestone to a “strong-buy” rating in a research report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

About Bridgestone

Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and off-road mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, scooters, and other vehicles; automotive parts; automotive maintenance and repair services; and raw materials for tires and other products.