Analysts expect over 2020 decreasing revenue Covestro

Tomorrow Covestro will publish its past quarters results. For this year Covestro's revenue will be around 10,49 billion euros. This is according to the average of the analysts' estimates. This is quite lower than 2019's revenue of 12,41 billion euros.

Historical revenues and results Covestro plus estimates 2020

The analysts expect for 2020 a net profit of 169 million euros. Most of the analysts anticipate on a profit per share of 91 cent. Based on this the price/earnings-ratio is 48,33.

For this year the analysts expect a dividend of 1,22 euros per share. The dividend yield is then 2,77 percent. The average dividend yield of the chemical companies is a low 0,31 percent.

Covestro's market capitalization is based on the number of outstanding shares around 8,04 billion euros. The Covestro stock was the past 12 months quite volatile. Since last October the stock is 2 percent lower. This year the stock price moved between 24 and 49 euro.

Historical stock prices Covestro

Click here for dividend Covestro. At 10.42 the stock trades 0,77 percent lower at 43,98 euros.

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