SSE (SSEZY) Projected to Post Quarterly Earnings on Tuesday

SSE (OTCMKTS:SSEZY) is expected to be releasing its resultson Tuesday, May 19th. Analysts expect SSE to post earnings of $1.58 per share and revenue of $7.39 billion for the quarter.

SSE Stock Down 0.8%

OTCMKTS SSEZY opened at $34.21 on Tuesday. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 0.65. SSE has a 1-year low of $21.70 and a 1-year high of $37.51. The company has a 50 day moving average of $35.59 and a 200-day moving average of $32.27.

Analyst Upgrades and Downgrades

SSEZY has been the subject of several research analyst reports. The Goldman Sachs Group restated a “neutral” rating on shares of SSE in a research report on Monday, March 23rd. Citigroup restated a “sell” rating on shares of SSE in a research report on Monday, January 26th. Finally, Zacks Research downgraded shares of SSE from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 2nd. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

About SSE

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.