Siemens Healthineers (SMMNY) Expected to Announce Quarterly Earnings on Thursday

Siemens Healthineers (OTCMKTS:SMMNY) is anticipated to announce its resultson Thursday, May 7th. Analysts expect the company to announce earnings of $0.2936 per share and revenue of $6.9559 billion for the quarter.

Siemens Healthineers Stock Performance

Shares of Siemens Healthineers stock opened at $20.26 on Tuesday. Siemens Healthineers has a one year low of $19.60 and a one year high of $28.92. The firm has a fifty day moving average of $22.15 and a two-hundred day moving average of $24.57.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SMMNY. Zacks Research upgraded Siemens Healthineers from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Sanford C. Bernstein raised Siemens Healthineers to a “strong-buy” rating in a report on Tuesday, January 13th. Finally, Citigroup reaffirmed a “buy” rating on shares of Siemens Healthineers in a report on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Siemens Healthineers Company Profile

Siemens Healthineers AG is a leading global medical technology company that develops, manufactures and distributes a broad range of products and services for the healthcare sector. Headquartered in Erlangen, Germany, the company focuses on diagnostic and therapeutic imaging, in vitro diagnostics and advanced digital health solutions. As a spin-off from Siemens AG, Siemens Healthineers has leveraged decades of engineering expertise to establish a comprehensive portfolio that addresses critical needs in modern healthcare.

The company’s core offerings include magnetic resonance imaging (MRI), computed tomography (CT), X-ray and molecular imaging systems, as well as laboratory diagnostics equipment and point-of-care testing devices.