Moncler (MONRY) Projected to Announce Earnings on Wednesday

Moncler (OTCMKTS:MONRY) is expected to post its resultson Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.6780 per share and revenue of $1.4792 billion for the quarter.

Moncler Trading Up 2.2%

OTCMKTS MONRY opened at $59.30 on Tuesday. The business’s fifty day moving average is $60.19 and its 200 day moving average is $61.40. Moncler has a fifty-two week low of $53.24 and a fifty-two week high of $71.41.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MONRY. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research report on Friday, April 24th. Morgan Stanley initiated coverage on shares of Moncler in a report on Tuesday, June 23rd. They issued an “equal weight” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy”.

Moncler Company Profile

Moncler S.p.A. is an Italian luxury fashion house best known for its high-end down jackets and skiwear. Established in 1952 in Monestier-de-Clermont, near Grenoble, France, the company has built a strong reputation for combining technical performance with refined aesthetics. Its core product lineup includes insulated jackets, vests, coats, knitwear, footwear and accessories, all designed to withstand extreme weather while meeting the standards of high fashion.

Originally founded by René Ramillon and André Vincent as a maker of quilted sleeping bags and tents, Moncler gradually shifted focus to outerwear for mountain sports.