Brenntag (OTCMKTS:BNTGY) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Brenntag (OTCMKTS:BNTGY - Get Free Report) announced its earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02), Zacks reports. The company had revenue of $4.26 billion for the quarter, compared to the consensus estimate of $3.84 billion. Brenntag had a net margin of 3.36% and a return on equity of 12.24%.

Brenntag Stock Performance

OTCMKTS:BNTGY traded up $0.29 during mid-day trading on Friday, hitting $14.03. 20,661 shares of the company's stock traded hands, compared to its average volume of 98,422. The company has a market capitalization of $10.13 billion, a P/E ratio of 17.32 and a beta of 1.08. The company has a fifty day moving average of $12.78 and a 200 day moving average of $13.12. Brenntag has a twelve month low of $11.09 and a twelve month high of $17.39.

Wall Street Analyst Weigh In

A number of equities analysts have commented on BNTGY shares. Barclays upgraded shares of Brenntag from a "strong sell" rating to a "hold" rating in a report on Friday, January 17th. UBS Group cut shares of Brenntag from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 17th.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.