LVMH-Moet Hennessy Louis Vuitton (LVMUY) to Announce Quarterly Earnings on Monday

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) is expected to announce its resultson Monday, July 27th. Analysts expect LVMH-Moet Hennessy Louis Vuitton to announce earnings of $2.51 per share and revenue of $22.9448 billion for the quarter.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

LVMUY stock opened at $113.17 on Monday. The firm’s 50-day simple moving average is $111.63 and its 200 day simple moving average is $119.00. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $103.00 and a fifty-two week high of $152.95. The company has a quick ratio of 0.84, a current ratio of 1.58 and a debt-to-equity ratio of 0.18.

Analyst Ratings Changes

Several research analysts have commented on the stock. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Barclays upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Five research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.