Vestas Wind Systems A/S (OTCMKTS:VWDRY) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Vestas Wind Systems A/S (OTCMKTS:VWDRY) posted its quarterly earnings results on Wednesday. The energy company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04, Zacks reports. Vestas Wind Systems A/S had a net margin of 0.32% and a return on equity of 1.72%.

Vestas Wind Systems A/S Stock Performance

Shares of OTCMKTS VWDRY opened at $5.01 on Thursday. The company’s fifty day moving average price is $4.56 and its 200 day moving average price is $6.06. Vestas Wind Systems A/S has a 1 year low of $4.19 and a 1 year high of $9.93. The company has a market capitalization of $15.18 billion, a PE ratio of 453.00 and a beta of 1.21. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.54 and a current ratio of 1.02.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on VWDRY. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 7th. Berenberg Bank lowered shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 14th.

Vestas Wind Systems A/S Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.