On June 26th,Tsingtao Brewery gears up to release quarterly financials. Market experts predict earnings around $0.93 per share, with total revenue hitting about $1.4701 billion this period.
Tsingtao Brewery's shares (OTCMKTS: TSGTY) opened at $30.00. Past year saw the stock range from $28.75 to $36.69. Short-term average? $32.55,while long-term average sits slightly lower at $32.49 .
Zacks Research recently revised its view on Tsingtao Brewery,giving it “hold” rating June 3rd. Analysts generally agree: hold. Average classification? “Hold.”
Founded in 1903 in Qingdao, Shandong Province,Tsingtao Brewery stands as one of China's oldest,most respected beer makers. It produces,packages and distributes its famous Tsingtao brand alongside specialty and seasonal brews. Known for its pale lagers and malt beverages, the brewery blends traditional brewing with modern methods.
Tsingtao Brewery has built strong export business,reaching Asia,North America,Europe and beyond. As earnings announcement approaches,stakeholders and analysts await results. Will they reveal deeper insights into firm's performance? Or leave more questions than answers…
