Erste Group Bank Forecasts OTCMKTS:CFRUY FY2027 Earnings

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) – Equities researchers at Erste Group Bank increased their FY2027 earnings estimates for Compagnie Financiere Richemont in a research report issued on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now expects that the company will earn $0.88 per share for the year, up from their previous estimate of $0.86. The consensus estimate for Compagnie Financiere Richemont’s current full-year earnings is $0.84 per share. Erste Group Bank also issued estimates for Compagnie Financiere Richemont’s FY2028 earnings at $1.00 EPS.

Compagnie Financiere Richemont Trading Down 2.4%

OTCMKTS:CFRUY opened at $23.11 on Monday. The firm’s 50 day moving average is $23.45 and its two-hundred day moving average is $21.00. Compagnie Financiere Richemont has a fifty-two week low of $16.26 and a fifty-two week high of $24.86. The company has a quick ratio of 2.06, a current ratio of 3.10 and a debt-to-equity ratio of 0.19.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Compagnie Financiere Richemont stock. Azimuth Capital Investment Management LLC bought a new stake in Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 501,500 shares of the company’s stock, valued at approximately $11,598,000.

About Compagnie Financiere Richemont

Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.