BYD (BYDDF) Set to Post Earnings on Thursday

BYD (OTCMKTS:BYDDF) is expected to announce its results after the market closes on Thursday, October 29th. Analysts expect BYD to post earnings of $0.1929 per share and revenue of $34.97 billion for the quarter.

BYD (OTCMKTS:BYDDF) last issued its quarterly earnings results on Friday, August 28th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The company had revenue of $24.10 billion during the quarter, compared to the consensus estimate of $25.62 billion.

BYD Trading Down 2.7%

Shares of BYD stock opened at $9.14 on Thursday. The business’s fifty day simple moving average is $10.38 and its 200 day simple moving average is $11.31. BYD has a 12 month low of $9.00 and a 12 month high of $14.95.

Analyst Upgrades and Downgrades

Separately, UBS Group set a $20.00 price objective on BYD in a research note on Friday, September 11th.

BYD Company Profile

BYD Co, Ltd. is a China-based technology and manufacturing company founded in 1995 and headquartered in Shenzhen. The company is best known for developing and producing electric and plug-in hybrid vehicles, including passenger cars, buses, trucks and other commercial vehicles under the BYD brand.

BYD also manufactures batteries and related energy-storage products, including batteries used in vehicles, renewable-energy systems and other applications. Its broader business activities include solar-power equipment, energy-storage solutions, rail transit systems and electronic components and assembly services for consumer and industrial products.

The company serves customers in China and international markets across Asia, Europe, North America, South America and other regions.