Brenntag (OTCMKTS:BNTGY) Posts Earnings Results, Misses Expectations By $0.02 EPS

Brenntag (OTCMKTS:BNTGY - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.19 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 return on equity of 12.24% and a net margin of 3.36%.

Brenntag Price Performance

Shares of BNTGY stock traded up $0.29 during trading hours on Friday, reaching $14.03. The stock had a trading volume of 20,661 shares, compared to its average volume of 98,422. The firm has a 50-day simple moving average of $12.78 and a 200-day simple moving average of $13.11. The firm has a market capitalization of $10.13 billion, a PE ratio of 17.32 and a beta of 1.08. Brenntag has a twelve month low of $11.09 and a twelve month high of $17.39.

Analyst Ratings Changes

Several research firms recently issued reports on BNTGY. Barclays raised Brenntag from a "strong sell" rating to a "hold" rating in a research report on Friday, January 17th. UBS Group cut 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.