Sodexo (SDXAY) Expected to Announce Earnings on Friday

Sodexo (OTCMKTS:SDXAY) is expected to release its results before the market opens on Friday, October 23rd. Analysts expect Sodexo to post earnings of $0.3158 per share and revenue of $13.62 billion for the quarter.

Sodexo Stock Up 1.3%

SDXAY opened at $12.82 on Wednesday. The business’s 50 day moving average is $12.93 and its 200-day moving average is $11.90. Sodexo has a twelve month low of $9.08 and a twelve month high of $13.69.

Analysts Set New Price Targets

Several research firms recently commented on SDXAY. Citigroup restated a “neutral” rating on shares of Sodexo in a research report on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Sodexo in a research note on Friday, July 3rd. Zacks Research upgraded Sodexo from a “strong sell” rating to a “hold” rating in a research report on Friday, September 18th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Sodexo in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold”.

About Sodexo

Sodexo SA is a France-based company that provides food services and facilities management solutions to organizations and institutions. Its services include catering, food preparation, hospitality, cleaning, maintenance, reception, security, workplace management and other support services designed to help clients operate their facilities.

The company serves a broad range of customers, including businesses, hospitals and healthcare facilities, schools and universities, government agencies, sports and leisure venues, and remote work sites.