Outokumpu Oyj (OUTKY) Expected to Announce Earnings on Tuesday

Outokumpu Oyj (OTCMKTS:OUTKY) is anticipated to release its earnings data on Tuesday, May 6th. Analysts expect Outokumpu Oyj to post earnings of ($0.01) per share and revenue of $1.53 billion for the quarter.

Outokumpu Oyj (OTCMKTS:OUTKY) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.37 billion. Outokumpu Oyj had a negative net margin of 0.66% and a negative return on equity of 1.06%. On average, analysts expect Outokumpu Oyj to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Outokumpu Oyj Stock Performance

Shares of OUTKY stock opened at $1.90 on Friday. Outokumpu Oyj has a 52 week low of $1.37 and a 52 week high of $2.04. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of -38.00 and a beta of 0.64. The company has a 50-day simple moving average of $1.83 and a 200 day simple moving average of $1.68. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.53 and a current ratio of 1.54.

Outokumpu Oyj Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 29th. Investors of record on Monday, April 7th were issued a dividend of $0.071 per share. The ex-dividend date of this dividend was Monday, April 7th. Outokumpu Oyj’s payout ratio is currently -80.00%.

About Outokumpu Oyj

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. The company operates through three segments: Europe, Americas, and Ferrochrome. It offers cold rolled coils, strips, and sheets; hot rolled coils, strips, and plates; quarto plates; precision strips; and specialized components, such as welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, hardened and customized press plates, suction roll shells, and blancs and disks.