Compagnie Financiere Richemont (CFRUY) Expected to Post Earnings on Friday

Compagnie Financiere Richemont (OTCMKTS:CFRUY) is projected to issue its results before the market opens on Friday, November 13th. Analysts expect the company to announce earnings of $0.4160 per share and revenue of $13.68 billion for the quarter.

Compagnie Financiere Richemont Trading Up 2.0%

Shares of Compagnie Financiere Richemont stock opened at $21.32 on Wednesday. The company’s fifty day simple moving average is $20.94 and its two-hundred day simple moving average is $20.90. Compagnie Financiere Richemont has a 12-month low of $16.26 and a 12-month high of $24.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.10 and a quick ratio of 2.06.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CFRUY shares. Royal Bank Of Canada cut Compagnie Financiere Richemont from a “moderate buy” rating to a “hold” rating in a report on Tuesday, September 22nd. TD Cowen assumed coverage on shares of Compagnie Financiere Richemont in a report on Friday, October 30th. They issued a “strong-buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy”.

About Compagnie Financiere Richemont

Compagnie Financière Richemont is a Switzerland-based luxury goods group whose businesses design, manufacture and sell jewelry, watches, fashion and accessories. Its portfolio includes jewelry houses such as Cartier, Van Cleef & Arpels and Buccellati, as well as specialist watchmakers including IWC Schaffhausen, Jaeger-LeCoultre, Panerai and Vacheron Constantin. The group also includes fashion and accessories Maisons such as Alaïa and Chloé. Its products are sold internationally through boutiques, e-commerce and wholesale partners, serving customers across major luxury markets worldwide.