Puma (PMMAF) to Announce Quarterly Earnings on Thursday

Puma (OTCMKTS:PMMAF) is expected to issue its resultson Thursday, July 30th. Analysts expect the company to announce earnings of ($0.5891) per share and revenue of $1.8986 billion for the quarter.

Puma Price Performance

Puma stock opened at $31.82 on Tuesday. The firm has a 50 day moving average price of $31.77 and a 200-day moving average price of $28.70. Puma has a twelve month low of $17.41 and a twelve month high of $35.00.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. assumed coverage on Puma in a research note on Thursday, July 2nd. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Puma Company Profile

Puma AG is a Germany-based multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Since its founding in 1948 by Rudolf Dassler in Herzogenaurach, Germany, the company has grown into one of the world’s leading sports brands. Puma’s product portfolio spans performance-driven footwear for football, running, motorsport and training, as well as lifestyle sneakers, sportswear and accessories. The company operates through wholesale, retail and e-commerce channels, targeting athletes, sports enthusiasts and fashion-conscious consumers.

With a global presence, Puma serves customers in Europe, the Americas, Asia-Pacific and Africa.