Pennon Group (PEGRY) Projected to Post Quarterly Earnings on Wednesday

Pennon Group (OTCMKTS:PEGRY) will likely be announcing its resultson Wednesday, June 10th. Analysts expect the company to announce earnings of $0.3597 per share and revenue of $863.3320 million for the quarter.

Pennon Group Price Performance

PEGRY stock opened at $13.45 on Wednesday. The business has a fifty day moving average price of $14.23 and a 200 day moving average price of $14.43. Pennon Group has a fifty-two week low of $11.80 and a fifty-two week high of $16.35. The stock has a market capitalization of $3.17 billion and a price-to-earnings ratio of 22.31.

Analysts Set New Price Targets

Separately, Zacks Research raised Pennon Group to a “hold” rating in a report on Thursday, May 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Pennon Group currently has a consensus rating of “Hold”.

Pennon Group Company Profile

Pennon Group (OTCMKTS:PEGRY) is a UK‐based utilities and environmental services company that operates through two main businesses: South West Water and Viridor. The group provides water supply, wastewater treatment and collection services to residential, commercial and industrial customers in the South West of England. Its water division serves regional communities with drinking water production, network maintenance and sewage treatment, while ensuring compliance with regulatory standards for water quality and environmental protection.

South West Water, Pennon’s core water operations arm, manages water resources and distribution infrastructure across Cornwall, Devon and parts of Dorset and Somerset.