Heidelberg Materials (HLBZF) Expected to Announce Earnings on Wednesday

Heidelberg Materials (OTCMKTS:HLBZF) is projected to issue its resultson Wednesday, May 6th. Analysts expect the company to announce earnings of $4.46 per share and revenue of $5.3102 billion for the quarter.

Heidelberg Materials Price Performance

Shares of OTCMKTS:HLBZF opened at $225.07 on Monday. Heidelberg Materials has a 12 month low of $181.00 and a 12 month high of $299.59. The stock’s 50 day moving average price is $213.15 and its 200 day moving average price is $239.81.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reissued an “overweight” rating on shares of Heidelberg Materials in a research note on Thursday, April 9th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Heidelberg Materials presently has an average rating of “Moderate Buy”.

Heidelberg Materials Company Profile

Heidelberg Materials (OTCMKTS: HLBZF) is a global building materials company headquartered in Heidelberg, Germany. Formerly known as HeidelbergCement, the company develops, manufactures and markets a comprehensive range of construction materials. Its core product lines include cement, aggregates, ready-mix concrete and asphalt, complemented by performance materials such as mineral components, industrial fillers and admixtures.

In addition to commodity building products, Heidelberg Materials offers tailored solutions encompassing technical consulting, digital construction platforms and CO₂ management services.