FY2024 EPS Estimates for OTCMKTS:LVMUY Cut by Analyst

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Equities research analysts at Telsey Advisory Group reduced their FY2024 earnings estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note issued on Tuesday, October 15th. Telsey Advisory Group analyst D. Telsey now expects that the company will earn $6.12 per share for the year, down from their previous estimate of $6.44. The consensus estimate for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s current full-year earnings is $6.52 per share. Telsey Advisory Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2025 earnings at $6.59 EPS.

Several other equities analysts have also recently commented on the stock. Citigroup raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Friday, October 11th. TD Cowen raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Up 0.5 %

LVMUY stock opened at $130.96 on Thursday. The firm’s 50-day simple moving average is $142.54 and its 200 day simple moving average is $153.67. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a fifty-two week low of $125.00 and a fifty-two week high of $191.63.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.