BrightView (BV) Scheduled to Post Quarterly Earnings on Wednesday

BrightView (NYSE:BV) will be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.07 per share for the quarter. BrightView has set its FY 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

BrightView (NYSE:BV) last released its quarterly earnings data on Wednesday, January 31st. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.04). The business had revenue of $626.70 million during the quarter, compared to analysts’ expectations of $651.07 million. BrightView had a negative net margin of 0.19% and a positive return on equity of 3.93%. On average, analysts expect BrightView to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BrightView Stock Up 2.9 %

BV stock opened at $11.52 on Wednesday. The firm’s fifty day simple moving average is $10.36 and its 200-day simple moving average is $8.77. The company has a market capitalization of $1.09 billion, a P/E ratio of -57.60 and a beta of 1.23. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.64 and a quick ratio of 1.64. BrightView has a 12 month low of $5.16 and a 12 month high of $12.35.

Analysts Set New Price Targets

Several equities analysts recently issued reports on BV shares. The Goldman Sachs Group reiterated a “sell” rating and issued a $10.00 target price (up from $8.00) on shares of BrightView in a research note on Thursday, April 4th. Jefferies Financial Group reiterated a “hold” rating and issued a $9.00 target price on shares of BrightView in a research note on Monday, March 4th. Finally, Craig Hallum started coverage on shares of BrightView in a research note on Monday, March 4th. They issued a “buy” rating and a $15.00 target price for the company.

BrightView Company Profile

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.