Acciona (ACXIF) Expected to Announce Quarterly Earnings on Thursday

Acciona (OTCMKTS:ACXIF) is anticipated to announce its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $1.88 per share and revenue of $2.0097 billion for the quarter.

Acciona Stock Performance

Shares of Acciona stock opened at $289.86 on Tuesday. Acciona has a 1 year low of $189.25 and a 1 year high of $331.00. The company’s fifty day simple moving average is $298.17 and its 200-day simple moving average is $271.23.

Wall Street Analysts Forecast Growth

ACXIF has been the subject of a number of research reports. Citigroup reissued a “sell” rating on shares of Acciona in a report on Friday, June 5th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Acciona in a research report on Monday, May 18th. One analyst has rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Sell”.

About Acciona

Acciona, SA (OTCMKTS:ACXIF) is a global leader in sustainable infrastructure, renewable energy and water management solutions. The company develops, constructs and operates wind, solar photovoltaic, solar thermal, hydropower and biomass power plants, alongside engineering, procurement and construction services for major infrastructure projects. Acciona’s offerings also include operation and maintenance services, facility management and integrated water solutions such as desalination, wastewater treatment and industrial water services.

Tracing its roots to Spanish engineering firms established in the 19th century, Acciona consolidated its current structure in 1997 through the merger of Entrecanales y Távora and Cubiertas y Tejados.