Tesco (TSCDY) to Release Quarterly Earnings on Thursday
by Scott Moore · The Cerbat GemTesco (OTCMKTS:TSCDY – Get Free Report) is anticipated to issue its resultson Thursday, April 16th. Analysts expect the company to announce earnings of $0.5360 per share and revenue of $48.7033 billion for the quarter.
Tesco Price Performance
OTCMKTS TSCDY opened at $19.85 on Tuesday. Tesco has a one year low of $13.19 and a one year high of $20.54. The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.45. The business’s fifty day moving average is $19.27 and its 200-day moving average is $18.38.
Analyst Ratings Changes
TSCDY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Tesco in a research note on Monday. Zacks Research upgraded Tesco from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Tesco
Tesco Company Profile
Tesco PLC is a British multinational grocery and general merchandise retailer headquartered in Welwyn Garden City, Hertfordshire. Founded in 1919 by Jack Cohen as a market stall, the company expanded into a nationwide chain of supermarkets and has grown into one of the largest retailers in the United Kingdom. Tesco operates a range of store formats designed to serve different customer needs, including large-format hypermarkets, standard supermarkets and smaller convenience stores, along with an extensive online grocery and home delivery service.
The company’s core activities include the retail sale of food and non-food products, development and distribution of own-label ranges (from value to premium), and provision of convenience and fuel forecourt services.