FY2024 EPS Estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Lowered by Analyst

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Equities researchers at Telsey Advisory Group lowered their FY2024 earnings estimates for shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a report issued on Thursday, October 10th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $6.44 per share for the year, down from their previous forecast of $6.63. 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 $7.07 EPS.

Separately, TD Cowen raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, LVMH Moët Hennessy – Louis Vuitton, Société Européenne presently has an average rating of “Moderate Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

LVMH Moët Hennessy – Louis Vuitton, Société Européenne stock opened at $142.97 on Friday. The company’s 50-day moving average price is $142.89 and its 200-day moving average price is $154.84. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $131.16 and a twelve month 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.