ThyssenKrupp (TKAMY) Projected to Release Earnings on Thursday

ThyssenKrupp (OTCMKTS:TKAMY) is expected to be releasing its results before the market opens on Thursday, February 12th. Analysts expect ThyssenKrupp to post earnings of $0.20 per share for the quarter.

ThyssenKrupp (OTCMKTS:TKAMY) last issued its earnings results on Tuesday, December 9th. The company reported $1.20 EPS for the quarter. ThyssenKrupp had a return on equity of 9.15% and a net margin of 2.80%.The firm had revenue of $9.68 billion for the quarter, compared to analyst estimates of $9.60 billion.

ThyssenKrupp Stock Down 8.3%

TKAMY opened at $12.77 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.69 and a quick ratio of 1.09. ThyssenKrupp has a 12-month low of $4.61 and a 12-month high of $17.02. The firm has a 50 day moving average of $11.57 and a two-hundred day moving average of $12.38.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Zacks Research raised shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a research note on Friday, December 5th. Finally, Morgan Stanley reissued an “underweight” rating on shares of ThyssenKrupp in a report on Tuesday, January 6th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, ThyssenKrupp currently has an average rating of “Moderate Buy”.

ThyssenKrupp Company Profile

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.