FY2024 EPS Estimates for H & M Hennes & Mauritz AB (publ) Reduced by Telsey Advisory Group (OTCMKTS:HNNMY)

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) – Equities researchers at Telsey Advisory Group dropped their FY2024 earnings per share (EPS) estimates for shares of H & M Hennes & Mauritz AB (publ) in a research report issued to clients and investors on Thursday, September 26th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $0.15 per share for the year, down from their previous forecast of $0.16. The consensus estimate for H & M Hennes & Mauritz AB (publ)’s current full-year earnings is $0.16 per share. Telsey Advisory Group also issued estimates for H & M Hennes & Mauritz AB (publ)’s Q3 2025 earnings at $0.03 EPS and FY2025 earnings at $0.18 EPS.

Other equities research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft upgraded H & M Hennes & Mauritz AB (publ) from a “sell” rating to a “buy” rating in a research report on Wednesday, July 3rd. HSBC raised H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “buy” rating in a research note on Friday, July 5th.

H & M Hennes & Mauritz AB (publ) Trading Up 0.6 %

Shares of HNNMY opened at $3.36 on Monday. The firm has a market cap of $23.79 billion, a price-to-earnings ratio of 25.85 and a beta of 1.43. H & M Hennes & Mauritz AB has a 52-week low of $2.52 and a 52-week high of $3.69. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.55 and a current ratio of 1.08. The business’s fifty day moving average is $3.12 and its 200-day moving average is $3.19.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last announced its quarterly earnings data on Thursday, September 26th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). H & M Hennes & Mauritz AB (publ) had a net margin of 4.70% and a return on equity of 24.48%. The company had revenue of $5.61 billion during the quarter, compared to analyst estimates of $5.84 billion.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.