Knorr-Bremse (KNRRY) to Release Quarterly Earnings on Thursday

Knorr-Bremse (OTCMKTS:KNRRYGet Free Report) is anticipated to issue its quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $1.99 billion for the quarter.

Knorr-Bremse Stock Down 0.5 %

Shares of KNRRY opened at $24.80 on Wednesday. The stock has a 50 day moving average of $23.41 and a 200 day moving average of $20.77. Knorr-Bremse has a 12 month low of $17.34 and a 12 month high of $26.30.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group upgraded Knorr-Bremse to a “buy” rating in a research note on Monday, February 3rd.

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Knorr-Bremse Company Profile

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Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.

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