Alfa Laval Corporate (OTCMKTS:ALFVY) Posts Earnings Results, Misses Estimates By $0.06 EPS

Alfa Laval Corporate (OTCMKTS:ALFVY) posted its quarterly earnings data on Wednesday. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.06), Zacks reports. Alfa Laval Corporate had a net margin of 10.39% and a return on equity of 17.71%.

Alfa Laval Corporate Price Performance

OTCMKTS:ALFVY opened at $43.08 on Friday. The business’s 50-day moving average is $43.02 and its 200 day moving average is $43.89. Alfa Laval Corporate has a 12 month low of $34.99 and a 12 month high of $48.46. The company has a market capitalization of $17.81 billion, a P/E ratio of 28.20, a P/E/G ratio of 2.08 and a beta of 1.42. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 0.25.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upgraded shares of Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 18th.

Alfa Laval Corporate Company Profile

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.