Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Expected to Announce Earnings on Monday

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Monday, March 24th. Analysts expect Companhia de Saneamento Básico do Estado de São Paulo - SABESP to post earnings of $0.06 per share and revenue of $6.89 billion for the quarter.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Price Performance

Shares of SBS traded down $0.30 during trading hours on Friday, reaching $17.67. 1,816,260 shares of the company's stock traded hands, compared to its average volume of 1,016,660. The stock has a market cap of $12.08 billion, a PE ratio of 6.96 and a beta of 1.15. The company has a current ratio of 1.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56. The firm's 50 day simple moving average is $16.51 and its 200-day simple moving average is $16.10. Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a 12 month low of $13.10 and a 12 month high of $18.36.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Companhia de Saneamento Básico do Estado de São Paulo - SABESP from a "buy" rating to a "hold" rating in a research report on Tuesday.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Company Profile

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP engages in the provision of water and sewage service. It also offers advisory services on the rational use of water, planning and commercial, and financial and operational management. The company was founded on September 6, 1973 and is headquartered in São Paulo, Brazil.