Vestas Wind System (VWDRY) Posts Earnings Results

Vestas Wind System (OTCMKTS:VWDRY) posted its quarterly earnings data on Wednesday. The energy company reported $0.55 earnings per share for the quarter, Morningstar.com reports. Vestas Wind System had a return on equity of 29.30% and a net margin of 9.28%. The firm had revenue of $3.67 billion for the quarter.

Shares of Vestas Wind System (OTCMKTS VWDRY) traded down $0.96 on Thursday, reaching $22.19. The company had a trading volume of 19,029 shares, compared to its average volume of 121,503. The company has a market cap of $14,970.00, a P/E ratio of 13.89 and a beta of 1.20. Vestas Wind System has a 52 week low of $19.12 and a 52 week high of $32.94. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.24 and a quick ratio of 0.75.

Several brokerages recently issued reports on VWDRY. JPMorgan Chase & Co. reissued a “buy” rating on shares of Vestas Wind System in a research note on Monday, October 23rd. Citigroup reissued a “buy” rating on shares of Vestas Wind System in a research note on Thursday, December 7th. Finally, ValuEngine downgraded Vestas Wind System from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd.

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Vestas Wind System Company Profile

Vestas Wind Systems A/S develops, manufactures, sells, and services wind turbines worldwide. The company operates in two segments, Project and Service. The Project segment sells wind power plants, wind turbines, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.

Earnings History for Vestas Wind System (OTCMKTS:VWDRY)

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