Bucher Industries (BCHHF) Expected to Post Quarterly Earnings on Thursday

Bucher Industries (OTCMKTS:BCHHF) is expected to be announcing its resultson Thursday, July 30th. Analysts expect Bucher Industries to announce earnings of $11.85 per share and revenue of $1.8184 billion for the quarter.

Bucher Industries Price Performance

OTCMKTS:BCHHF opened at $379.66 on Thursday. The company’s 50-day moving average price is $398.33 and its 200-day moving average price is $439.19. Bucher Industries has a twelve month low of $379.66 and a twelve month high of $476.00.

Analyst Ratings Changes

Separately, Royal Bank Of Canada downgraded shares of Bucher Industries to a “sector perform” rating in a report on Friday, July 3rd. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

About Bucher Industries

Bucher Industries AG is a Switzerland-based industrial group specializing in the design and manufacture of sophisticated machinery and systems for municipal, agricultural, glass and food-processing applications. Headquartered in Niederweningen, the company operates through four main divisions—Municipal, Hydraulics, Emhart Glass and Specials—serving customers around the world with tailored vehicle systems, fluid-power components, glass-forming equipment and food-and-beverage processing machinery.

The Bucher Municipal division develops and produces a range of municipal vehicles and equipment, including street sweepers, refuse collection units, sewer jetting and vacuum vehicles, as well as winter-maintenance and de-icing systems.