Electrolux (ELUXY) Expected to Announce Quarterly Earnings on Friday

Electrolux (OTCMKTS:ELUXY) is expected to be issuing its results before the market opens on Friday, October 24th. Analysts expect the company to announce earnings of $0.5070 per share and revenue of $32.2205 billion for the quarter.

Electrolux Stock Performance

Shares of ELUXY stock opened at $12.02 on Wednesday. The company has a debt-to-equity ratio of 4.02, a current ratio of 0.96 and a quick ratio of 0.59. Electrolux has a fifty-two week low of $10.80 and a fifty-two week high of $20.11. The stock’s 50-day moving average is $11.61 and its two-hundred day moving average is $12.87. The firm has a market cap of $1.70 billion, a P/E ratio of 133.57 and a beta of 1.10.

Wall Street Analyst Weigh In

ELUXY has been the subject of several recent analyst reports. Zacks Research upgraded Electrolux from a “strong sell” rating to a “hold” rating in a research note on Friday, September 19th. Deutsche Bank Aktiengesellschaft started coverage on Electrolux in a research note on Tuesday, October 14th. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

About Electrolux

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.