E.On (EONGY) Projected to Post Quarterly Earnings on Wednesday

E.On (OTCMKTS:EONGY) is anticipated to announce its earnings results before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $57.32 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

E.On Stock Down 0.9 %

EONGY opened at $13.96 on Tuesday. The firm has a 50-day simple moving average of $12.04 and a two-hundred day simple moving average of $13.00. E.On has a 52 week low of $10.65 and a 52 week high of $15.41. The company has a market capitalization of $36.46 billion, a PE ratio of 7.55, a price-to-earnings-growth ratio of 6.32 and a beta of 0.82. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.57.

Analyst Ratings Changes

Separately, Morgan Stanley upgraded shares of E.On from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 5th.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.