Wienerberger (OTCMKTS:WBRBY) Releases Earnings Results, Misses Expectations By $0.09 EPS

Wienerberger (OTCMKTS:WBRBY) released its quarterly earnings results on Wednesday. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.09), Zacks reports.

Wienerberger Price Performance

Shares of Wienerberger stock traded down $0.02 during trading on Wednesday, hitting $4.79. 1,827 shares of the company were exchanged, compared to its average volume of 14,407. The firm’s fifty day moving average price is $5.06 and its 200 day moving average price is $5.61. Wienerberger has a 1-year low of $4.38 and a 1-year high of $7.74.

Analyst Ratings Changes

Several research analysts recently commented on WBRBY shares. Morgan Stanley cut Wienerberger to an “underweight” rating in a research note on Wednesday, June 10th. BNP Paribas Exane cut Wienerberger to a “neutral” rating in a report on Friday, July 24th. Finally, Citigroup downgraded shares of Wienerberger from a “buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Wienerberger has an average rating of “Reduce”.

About Wienerberger

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.