Signify (SFFYF) Expected to Post Earnings on Friday

Signify (OTCMKTS:SFFYFGet Free Report) is projected to release its resultson Friday, July 24th. Analysts expect the company to announce earnings of $0.3371 per share and revenue of $1.5234 billion for the quarter.

Signify Stock Performance

SFFYF stock opened at $18.49 on Thursday. The stock has a fifty day moving average of $21.56 and a 200-day moving average of $22.28. Signify has a fifty-two week low of $18.49 and a fifty-two week high of $26.65.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of Signify to a “neutral” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Sell”.

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Signify Company Profile

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Signify N.V. (OTCMKTS: SFFYF) is a global leader in lighting products, systems and services. Established as a standalone company following its spin-off from Koninklijke Philips N.V. in 2016, Signify leverages decades of expertise in illumination technology. The company’s offerings span conventional and energy-efficient LED lamps, luminaires and connected lighting systems designed for both professional and consumer markets.

Signify’s product portfolio includes smart lighting solutions under the Philips Hue brand, digital lighting controls, and Internet of Things (IoT) enabled platforms such as Interact.

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