FY2024 Earnings Estimate for LVMH Moët Hennessy - Louis Vuitton, Société Européenne Issued By Telsey Advisory Group (OTCMKTS:LVMUY)

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Free Report) - Equities researchers at Telsey Advisory Group cut their FY2024 earnings estimates for LVMH Moët Hennessy - Louis Vuitton, Société Européenne in a report released on Thursday, October 10th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings per share of $6.44 for the year, down from their previous forecast of $6.63. The consensus estimate for LVMH Moët Hennessy - Louis Vuitton, Société Européenne's current full-year earnings is $6.52 per share. Telsey Advisory Group also issued estimates for LVMH Moët Hennessy - Louis Vuitton, Société Européenne's FY2025 earnings at $7.07 EPS.

Separately, TD Cowen upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Thursday. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, LVMH Moët Hennessy - Louis Vuitton, Société Européenne currently has a consensus rating of "Moderate Buy".

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Stock Performance

OTCMKTS:LVMUY traded down $1.02 on Friday, hitting $142.97. The stock had a trading volume of 183,747 shares, compared to its average volume of 269,558. The company has a fifty day moving average price of $142.80 and a two-hundred day moving average price of $155.24. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a 1-year low of $131.16 and a 1-year high of $191.63.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Company Profile

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.