Voestalpine (VLPNY) to Announce Quarterly Earnings on Wednesday

Voestalpine (OTCMKTS:VLPNY) is expected to be posting its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $4.0141 billion for the quarter.

Voestalpine (OTCMKTS:VLPNY) last released its quarterly earnings data on Wednesday, June 3rd. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.21 by $0.02. Voestalpine had a return on equity of 5.98% and a net margin of 2.97%.The firm had revenue of $4.59 billion during the quarter, compared to the consensus estimate of $4.19 billion. On average, analysts expect Voestalpine to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Voestalpine Price Performance

Shares of VLPNY opened at $9.96 on Wednesday. Voestalpine has a 12-month low of $5.35 and a 12-month high of $11.78. The business’s fifty day moving average is $10.15 and its 200 day moving average is $9.95. The company has a quick ratio of 0.55, a current ratio of 1.35 and a debt-to-equity ratio of 0.20. The stock has a market cap of $8.54 billion, a P/E ratio of 16.33 and a beta of 1.46.

Wall Street Analyst Weigh In

A number of brokerages have commented on VLPNY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Voestalpine in a research note on Thursday, June 4th. UBS Group lowered shares of Voestalpine from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Finally, Citigroup reiterated a “neutral” rating on shares of Voestalpine in a report on Thursday, June 11th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Voestalpine Company Profile

Voestalpine AG is a leading steel-based technology and capital goods group headquartered in Linz, Austria. The company specializes in the production of high-quality steel and sophisticated components for a range of industries, including automotive, railway systems, aerospace, energy, and construction. It operates across all major processing steps in steel production, from raw‐material processing and steelmaking to downstream activities such as coating, processing, and assembly.

Voestalpine’s portfolio is organized into several business divisions.