Palfinger (PLFRF) Expected to Post Quarterly Earnings on Wednesday

Palfinger (OTCMKTS:PLFRF) is anticipated to announce its results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.4192 per share and revenue of $645.61 million for the quarter.

Palfinger Stock Performance

Shares of OTCMKTS:PLFRF opened at $36.10 on Wednesday. Palfinger has a 1 year low of $36.10 and a 1 year high of $40.25. The stock has a 50-day simple moving average of $36.58 and a 200-day simple moving average of $38.75.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Palfinger in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Palfinger

Palfinger AG is an Austrian technology and engineering company that develops, manufactures and distributes lifting and handling solutions. Its portfolio includes truck-mounted loader cranes, timber and recycling cranes, hooklift systems, construction cranes, truck-mounted forklifts, access platforms and railway equipment.

The company also serves the marine and offshore industries with products such as marine cranes, winches, lifesaving equipment and offshore lifting systems. Palfinger provides related services, including maintenance, parts, digital solutions and other lifecycle support for its equipment.

Founded in 1932, Palfinger has evolved from a regional machinery business into an international manufacturer serving customers in transportation, construction, forestry, agriculture, shipping, offshore energy and public infrastructure.