BrightView (BV) to Release Quarterly Earnings on Wednesday

BrightView (NYSE:BV) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect BrightView to post earnings of $0.07 per share for the quarter. BrightView has set its FY 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

BrightView (NYSE:BV) last issued its quarterly earnings data on Wednesday, January 31st. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). The firm had revenue of $626.70 million during the quarter, compared to analyst estimates of $651.07 million. BrightView had a positive return on equity of 3.93% and a negative net margin of 0.19%. 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 0.6 %

Shares of NYSE BV opened at $11.35 on Tuesday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.73. BrightView has a 1 year low of $5.16 and a 1 year high of $12.35. The stock’s 50-day simple moving average is $10.58 and its 200-day simple moving average is $8.87.

Analyst Ratings Changes

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

About BrightView

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.