Unilever N.V. is a British-Dutch multinational corporation and its shares listed on the NYSE are known as New York Shares. This fast-moving consumer giant commands market-leading positions in savory, dressings, tea, ice cream, deodorants and mass skin care product categories, and its products are sold in more than 180 countries.
Unilever has been delivering weak results since the past few quarters due to continued slowdown in the emerging markets, which account for about two-thirds of the company’s total revenues. Though emerging markets offer strong long-term growth prospects, they are generally volatile. Of late, the company has witnessed some improvement in India and more stable conditions in China. However, the company is still struggling with adverse economic conditions in Brazil and Russia. Among the developed markets, the company is witnessing improvement in North America as the impact of the economic recovery is being felt by consumers. However, the company continues to expect sluggishness in Europe. Due to this, investors are eagerly awaiting Unilever’s earnings report.
Currently, UN has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank stocks here. However, the Zacks Rank could definitely change following Unilever’s fourth quarter 2016 quarterly report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:
Revenue: UN’s underlying revenues, excluding any impact from acquisitions, disposals and changes in currency, grew 2.2% in fourth quarter 2016, as the company offset volume declines with higher prices.
Key Stats to Note: Emerging markets witnessed growth of 4.6%, while developed markets declined 1.2%.
Stock Price: Shares were in-active in the pre-market trading.
Check back later for our full write up on this UN earnings report later!
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Unilever (UN) Q4 Organic Revenue Grows on Higher Pricing
Unilever N.V. is a British-Dutch multinational corporation and its shares listed on the NYSE are known as New York Shares. This fast-moving consumer giant commands market-leading positions in savory, dressings, tea, ice cream, deodorants and mass skin care product categories, and its products are sold in more than 180 countries.
Unilever has been delivering weak results since the past few quarters due to continued slowdown in the emerging markets, which account for about two-thirds of the company’s total revenues. Though emerging markets offer strong long-term growth prospects, they are generally volatile. Of late, the company has witnessed some improvement in India and more stable conditions in China. However, the company is still struggling with adverse economic conditions in Brazil and Russia. Among the developed markets, the company is witnessing improvement in North America as the impact of the economic recovery is being felt by consumers. However, the company continues to expect sluggishness in Europe. Due to this, investors are eagerly awaiting Unilever’s earnings report.
Currently, UN has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank stocks here. However, the Zacks Rank could definitely change following Unilever’s fourth quarter 2016 quarterly report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:
Revenue: UN’s underlying revenues, excluding any impact from acquisitions, disposals and changes in currency, grew 2.2% in fourth quarter 2016, as the company offset volume declines with higher prices.
Key Stats to Note: Emerging markets witnessed growth of 4.6%, while developed markets declined 1.2%.
Stock Price: Shares were in-active in the pre-market trading.
Check back later for our full write up on this UN earnings report later!
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>