Bridgestone (BRDCY) Projected to Post Earnings on Monday

Bridgestone (OTCMKTS:BRDCY) is projected to announce its results before the market opens on Monday, November 17th. Analysts expect the company to announce earnings of $0.3650 per share and revenue of $7.3906 billion for the quarter.

Bridgestone Price Performance

Shares of OTCMKTS:BRDCY opened at $23.58 on Friday. Bridgestone has a 12 month low of $15.90 and a 12 month high of $24.54. The firm has a market capitalization of $32.30 billion, a P/E ratio of 17.47, a P/E/G ratio of 1.38 and a beta of 0.50. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.51 and a quick ratio of 1.69. The company’s fifty day moving average price is $22.84 and its 200 day moving average price is $21.76.

Wall Street Analyst Weigh In

Separately, CLSA raised Bridgestone to a “strong-buy” rating in a research note on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Strong Buy”.

About Bridgestone

Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and off-road mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, scooters, and other vehicles; automotive parts; automotive maintenance and repair services; and raw materials for tires and other products.