LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) to Post FY2024 Earnings of $6.12 Per Share, Telsey Advisory Group Forecasts

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) – Research analysts at Telsey Advisory Group reduced their FY2024 earnings per share (EPS) estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a report issued on Tuesday, October 15th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings per share of $6.12 for the year, down from their previous estimate of $6.44. The consensus estimate for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s current full-year earnings is $6.52 per share. Telsey Advisory Group also issued estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s FY2025 earnings at $6.59 EPS.

Several other brokerages also recently commented on LVMUY. TD Cowen raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Thursday, October 10th. Citigroup upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Friday, October 11th. Three analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, LVMH Moët Hennessy – Louis Vuitton, Société Européenne presently has an average rating of “Moderate Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Price Performance

LVMH Moët Hennessy – Louis Vuitton, Société Européenne stock opened at $130.30 on Thursday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12 month low of $125.00 and a 12 month high of $191.63. The business’s fifty day simple moving average is $142.69 and its two-hundred day simple moving average is $153.83.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.