Vestas Wind Systems A/S (OTCMKTS:VWDRY) Releases Earnings Results, Misses Expectations By $0.07 EPS

Vestas Wind Systems A/S (OTCMKTS:VWDRY) posted its quarterly earnings data on Wednesday. The energy company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07), reports. The firm had revenue of $3.55 billion during the quarter. Vestas Wind Systems A/S had a negative net margin of 0.32% and a negative return on equity of 1.59%.

Vestas Wind Systems A/S Price Performance

OTCMKTS:VWDRY traded down $0.03 during trading hours on Friday, hitting $7.83. The stock had a trading volume of 110,117 shares, compared to its average volume of 187,630. The business has a 50 day simple moving average of $8.02 and a two-hundred day simple moving average of $8.72. Vestas Wind Systems A/S has a 1-year low of $6.23 and a 1-year high of $10.62. The company has a quick ratio of 0.54, a current ratio of 1.06 and a debt-to-equity ratio of 1.06.

Vestas Wind Systems A/S Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.