Royal Unibrew A/S (ROYUF) Expected to Release Earnings on Monday

Royal Unibrew A/S (OTCMKTS:ROYUF) will likely be issuing its results before the market opens on Monday, August 17th. Analysts expect Royal Unibrew A/S to post earnings of $1.71 per share and revenue of $668.46 million for the quarter.

Royal Unibrew A/S Price Performance

Shares of ROYUF opened at $70.00 on Monday. The company has a 50 day moving average price of $67.36 and a 200-day moving average price of $69.63. Royal Unibrew A/S has a fifty-two week low of $63.25 and a fifty-two week high of $70.00.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ROYUF shares. The Goldman Sachs Group downgraded Royal Unibrew A/S from a “buy” rating to a “neutral” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft cut Royal Unibrew A/S from a “buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Royal Unibrew A/S Company Profile

Royal Unibrew A/S is a Denmark-based brewing and beverage group with its origins in the 1989 merger of regional breweries. Over the decades the company has built a diversified product portfolio encompassing beer, malt beverages, soft drinks, cider and water. Key beer brands include Royal, Faxe and Ceres, while its soft drink range features Faxe Kondi alongside a variety of flavored waters and energy drinks.

In beer, Royal Unibrew produces both traditional lagers and specialty craft-style brews.