Repsol (REPYY) Projected to Post Quarterly Earnings on Thursday

Repsol (OTCMKTS:REPYY) is expected to be releasing its results before the market opens on Thursday, July 23rd. Analysts expect Repsol to post earnings of $1.69 per share and revenue of $18.3532 billion for the quarter.

Repsol (OTCMKTS:REPYY) last released its earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The company had revenue of $18.14 billion for the quarter, compared to analyst estimates of $20.33 billion. Repsol had a net margin of 4.40% and a return on equity of 11.52%. On average, analysts expect Repsol to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Repsol Stock Down 1.8%

Shares of OTCMKTS REPYY opened at $27.48 on Thursday. The firm has a market cap of $30.38 billion, a PE ratio of 10.99, a P/E/G ratio of 0.33 and a beta of 0.03. Repsol has a 12-month low of $14.87 and a 12-month high of $29.08. The company’s fifty day simple moving average is $26.01 and its 200 day simple moving average is $23.96. The company has a quick ratio of 1.15, a current ratio of 1.54 and a debt-to-equity ratio of 0.41.

Analyst Ratings Changes

Several equities research analysts have weighed in on REPYY shares. HSBC raised shares of Repsol from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. The Goldman Sachs Group raised shares of Repsol from a “buy” rating to a “buy” rating in a research report on Thursday, April 30th. Morgan Stanley upgraded Repsol from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 24th. Santander raised Repsol to an “outperform” rating in a research report on Thursday, July 2nd. Finally, Zacks Research downgraded Repsol from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Repsol presently has an average rating of “Moderate Buy”.

About Repsol

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.