Berkeley Group (BKGFY) to Release Earnings on Friday

Berkeley Group (OTCMKTS:BKGFY) is projected to announce its resultson Friday, June 19th. Analysts expect the company to announce earnings of $0.4013 per share and revenue of $1.4614 billion for the quarter.

Berkeley Group Stock Performance

BKGFY stock opened at $8.99 on Friday. Berkeley Group has a 12-month low of $8.09 and a 12-month high of $12.54. The stock has a 50-day moving average price of $8.96 and a two-hundred day moving average price of $10.09. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Royal Bank Of Canada upgraded Berkeley Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 1st. Zacks Research upgraded Berkeley Group from a “strong sell” rating to a “hold” rating in a report on Tuesday. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Berkeley Group Company Profile

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.