Basf Se (BASFY) Expected to Post Earnings of $0.34 Per Share
Wall Street brokerages predict that Basf Se (NASDAQ:BASFY) will announce earnings of $0.34 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Basf Se’s earnings. Basf Se posted earnings per share of $0.21 during the same quarter last year, which indicates a positive year-over-year growth rate of 61.9%. The business is scheduled to announce its next earnings report on Friday, February 23rd.
On average, analysts expect that Basf Se will report full-year earnings of $1.79 per share for the current fiscal year, with EPS estimates ranging from $1.73 to $1.84. For the next fiscal year, analysts forecast that the business will post earnings of $1.81 per share, with EPS estimates ranging from $1.80 to $1.83. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Basf Se.
BASFY has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Basf Se from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Friday, September 15th. Berenberg Bank upgraded shares of Basf Se from a “sell” rating to a “hold” rating in a research note on Monday, July 31st.
Shares of Basf Se (NASDAQ:BASFY) opened at $28.21 on Friday.
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About Basf Se
BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions.
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