United Utilities Group (UUGRY) to Release Earnings on Thursday

United Utilities Group (OTCMKTS:UUGRY) is projected to announce its results before the market opens on Thursday, May 14th. Analysts expect the company to announce earnings of $1.41 per share and revenue of $2.0657 billion for the quarter.

United Utilities Group Trading Up 1.7%

Shares of UUGRY stock opened at $38.99 on Thursday. The company has a current ratio of 2.22, a quick ratio of 2.21 and a debt-to-equity ratio of 5.50. United Utilities Group has a 52-week low of $28.06 and a 52-week high of $40.43. The business’s fifty day moving average is $36.12 and its 200 day moving average is $33.97.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on UUGRY shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of United Utilities Group in a research report on Tuesday. Zacks Research downgraded United Utilities Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Kepler Capital Markets downgraded United Utilities Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of United Utilities Group in a research report on Tuesday. Finally, Citigroup downgraded United Utilities Group from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About United Utilities Group

United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.

In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.