ENI (E) Scheduled to Post Earnings on Wednesday

ENI (NYSE:E) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, April 24th. Analysts expect ENI to post earnings of $1.14 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

ENI (NYSE:E) last issued its earnings results on Wednesday, February 21st. The oil and gas exploration company reported $1.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.16). ENI had a return on equity of 14.91% and a net margin of 5.00%. The firm had revenue of $26.95 billion for the quarter, compared to analysts’ expectations of $19.86 billion. On average, analysts expect ENI to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

ENI Stock Up 0.9 %

Shares of NYSE:E opened at $32.80 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.12 and a current ratio of 1.30. ENI has a 1 year low of $26.50 and a 1 year high of $34.30. The stock has a market capitalization of $55.37 billion, a P/E ratio of 10.86, a PEG ratio of 1.11 and a beta of 1.01. The stock has a 50-day simple moving average of $31.80 and a 200-day simple moving average of $32.25.

ENI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Tuesday, May 21st will be issued a dividend of $0.349 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date of this dividend is Monday, May 20th. ENI’s payout ratio is currently 48.01%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Berenberg Bank cut ENI from a “buy” rating to a “hold” rating in a report on Wednesday, March 20th. StockNews.com lowered ENI from a “buy” rating to a “hold” rating in a research report on Monday.

ENI Company Profile

Eni S.p.A. operates as an integrated energy company worldwide. It engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. The company operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Refining & Marketing and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.