Electrolux (ELUXY) Expected to Announce Quarterly Earnings on Friday

Electrolux (OTCMKTS:ELUXY) is anticipated to issue its resultson Friday, April 24th. Analysts expect the company to announce earnings of $0.2280 per share and revenue of $3.4026 billion for the quarter.

Electrolux (OTCMKTS:ELUXY) last announced its quarterly earnings data on Friday, January 30th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.62). Electrolux had a net margin of 0.69% and a return on equity of 10.82%. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.79 billion. On average, analysts expect Electrolux to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Electrolux Stock Down 1.0%

Shares of OTCMKTS ELUXY opened at $12.74 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.96 and a debt-to-equity ratio of 3.57. Electrolux has a 52 week low of $10.80 and a 52 week high of $19.83. The firm has a 50-day moving average price of $14.55 and a 200 day moving average price of $13.78. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 19.01 and a beta of 1.20.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ELUXY shares. Citigroup restated a “neutral” rating on shares of Electrolux in a research report on Thursday, January 22nd. Rothschild & Co Redburn downgraded shares of Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Electrolux in a report on Monday, February 2nd. The Goldman Sachs Group raised shares of Electrolux to a “hold” rating in a report on Friday, March 27th. Finally, Zacks Research downgraded shares of Electrolux from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.

Electrolux Company Profile

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.