Severn Trent (STRNY) Set to Release Quarterly Earnings on Wednesday

Severn Trent (OTCMKTS:STRNY) will likely be releasing its results on Wednesday, November 18th. Analysts expect Severn Trent to announce earnings of $1.12 per share and revenue of $1.60 billion for the quarter.

Severn Trent Price Performance

STRNY stock opened at $44.41 on Wednesday. The firm has a 50-day simple moving average of $42.23 and a 200-day simple moving average of $41.84. Severn Trent has a 52 week low of $35.72 and a 52 week high of $45.65.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered shares of Severn Trent from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Six investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Severn Trent Company Profile

Severn Trent plc is a United Kingdom-based water and wastewater services company. Through its regulated businesses, the company supplies treated drinking water, collects and treats wastewater, manages sewer networks, and operates water and wastewater treatment infrastructure. Severn Trent primarily serves communities across the Midlands of England through Severn Trent Water. Its wider group also includes Hafren Dyfrdwy, which provides regulated water and wastewater services in parts of Wales. The company’s activities include water-resource management, environmental protection, asset maintenance, and the development of infrastructure designed to support reliable and sustainable services.