Companhia de Saneamento Básico do Estado de São Paulo – SABESP (SBS) Scheduled to Post Quarterly Earnings on Thursday

Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, August 8th. Analysts expect the company to announce earnings of $0.25 per share for the quarter.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) last released its quarterly earnings data on Friday, May 10th. The utilities provider reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $1.33 billion for the quarter. Companhia de Saneamento Básico do Estado de São Paulo – SABESP had a return on equity of 12.14% and a net margin of 13.62%. On average, analysts expect Companhia de Saneamento Básico do Estado de São Paulo – SABESP to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Stock Performance

SBS opened at $15.63 on Thursday. The stock has a market cap of $10.68 billion, a PE ratio of 14.75 and a beta of 1.18. The company has a current ratio of 1.23, a quick ratio of 1.21 and a debt-to-equity ratio of 0.63. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a 1 year low of $10.76 and a 1 year high of $17.14. The stock’s 50 day simple moving average is $14.51 and its 200-day simple moving average is $15.38.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th.

About Companhia de Saneamento Básico do Estado de São Paulo – SABESP

Companhia de Saneamento Básico do Estado de São Paulo SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services to residential, commercial, and industrial private customers, as well as public. As of December 31, 2022, it provided water services through 10.1 million water connections; and sewage services through 8.6 million sewage connections in 375 municipalities of the São Paulo State.