Electrolux (OTCMKTS:ELUXY) Announces Earnings Results, Misses Estimates By $0.12 EPS

Electrolux (OTCMKTS:ELUXY) announced its earnings results on Friday. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.12), Zacks reports. Electrolux had a positive return on equity of 6.76% and a negative net margin of 1.14%.

Electrolux Stock Performance

Electrolux stock traded up $0.08 during mid-day trading on Friday, reaching $5.27. The company had a trading volume of 1,799 shares, compared to its average volume of 4,384. The company has a quick ratio of 0.72, a current ratio of 1.04 and a debt-to-equity ratio of 1.62. Electrolux has a 52 week low of $4.63 and a 52 week high of $19.83. The company has a 50 day moving average of $5.53 and a 200-day moving average of $8.22. The firm has a market cap of $746.20 million, a price-to-earnings ratio of -9.76, a PEG ratio of 0.66 and a beta of 1.22.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Five analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Electrolux Company Profile

Electrolux Group is a Swedish home-appliance manufacturer headquartered in Stockholm. Founded in 1919, the company develops and sells appliances and related solutions for food preservation and preparation, laundry care, dishwashing, and household cleaning.

Its product portfolio includes refrigerators, freezers, ovens, cooktops, range hoods, washing machines, tumble dryers, dishwashers, vacuum cleaners, and air-care products. The group markets products under brands including Electrolux, AEG, and Frigidaire, with offerings tailored to residential consumers and, in selected markets, professional customers.

Electrolux serves customers across Europe, North America, Latin America, Asia-Pacific, and other international markets through retail, distribution, and direct channels.