Alfa Laval Corporate (ALFVY) to Release Earnings on Thursday

Alfa Laval Corporate (OTCMKTS:ALFVY) is anticipated to post its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect Alfa Laval Corporate to post earnings of $0.41 per share and revenue of $1.56 billion for the quarter.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced its earnings results on Wednesday, February 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. On average, analysts expect Alfa Laval Corporate to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Alfa Laval Corporate Stock Performance

Shares of Alfa Laval Corporate stock opened at $41.03 on Wednesday. The firm has a market capitalization of $16.96 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 2.08 and a beta of 1.34. The company has a current ratio of 1.34, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22. The business’s fifty day simple moving average is $42.80 and its 200 day simple moving average is $43.29. Alfa Laval Corporate has a 12 month low of $36.86 and a 12 month high of $48.46.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. UBS Group raised shares of Alfa Laval Corporate from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 9th. The Goldman Sachs Group upgraded Alfa Laval Corporate from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 26th.

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.