Metro (MTRAF) Expected to Post Earnings on Wednesday

Metro (OTCMKTS:MTRAF) is projected to release its results before the market opens on Wednesday, August 12th. Analysts expect Metro to announce earnings of $0.9030 per share and revenue of $4.8752 billion for the quarter.

Metro Stock Performance

OTCMKTS MTRAF opened at $66.02 on Wednesday. The company has a fifty day simple moving average of $66.20 and a two-hundred day simple moving average of $67.66. The stock has a market cap of $13.84 billion and a P/E ratio of 26.84. Metro has a 12-month low of $60.71 and a 12-month high of $83.02. The company has a current ratio of 1.43, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65.

Analyst Ratings Changes

Separately, BMO Capital Markets downgraded Metro from an “outperform” rating to a “market perform” rating in a research report on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Metro has a consensus rating of “Moderate Buy”.

Metro Company Profile

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.