OM Group (OMG) Scheduled to Post Earnings on Wednesday
OM Group (NYSE:OMG) is set to release its Q114 earnings data on Wednesday, April 30th. Analysts expect OM Group to post earnings of $0.29 per share and revenue of $257.70 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
OM Group (NYSE:OMG) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.07. The company had revenue of $270.50 million for the quarter, compared to the consensus estimate of $236.80 million. During the same quarter in the previous year, the company posted ($0.13) earnings per share. The company’s revenue for the quarter was down 14.7% on a year-over-year basis. On average, analysts expect OM Group to post $1.43 EPS for the current fiscal year and $1.78 EPS for the next fiscal year.
Shares of OM Group (NYSE:OMG) opened at 30.54 on Tuesday. OM Group has a 1-year low of $23.12 and a 1-year high of $37.58. The stock’s 50-day moving average is $32.4 and its 200-day moving average is $33.27. The company’s market cap is $977.1 million.
On a related note, analysts at Zacks upgraded shares of OM Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 15th. They now have a $32.00 price target on the stock.
OM Group, Inc is a diversified industrial growth company serving attractive global markets, including automotive systems, electronic devices, aerospace, general industrial and renewable energy.
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