FLSmidth & Co. A/S (OTCMKTS:FLIDY) Releases Earnings Results, Beats Estimates By $0.04 EPS

FLSmidth & Co. A/S (OTCMKTS:FLIDYGet Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04, Zacks reports.

FLSmidth & Co. A/S Price Performance

FLIDY opened at $8.12 on Wednesday. The business has a 50-day moving average of $7.61 and a 200-day moving average of $7.97. FLSmidth & Co. A/S has a fifty-two week low of $6.53 and a fifty-two week high of $9.20.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of FLSmidth & Co. A/S from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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FLSmidth & Co. A/S Company Profile

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FLSmidth & Co A/S is a Denmark‐based engineering group founded in 1882 by Frederik Læssøe Smidth. The company specializes in the design, manufacture and installation of equipment and services for the global cement and mining industries. Headquartered in Copenhagen, FLSmidth has built a reputation for supplying end‐to‐end solutions that support both greenfield and brownfield projects worldwide.

FLSmidth’s core offerings include crushing, grinding, separation and pyro‐processing equipment, as well as material handling systems and pumps.

See Also

Earnings History for FLSmidth & Co. A/S (OTCMKTS:FLIDY)

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