Electrolux (ELUXY) Projected to Post Quarterly Earnings on Thursday

Electrolux (OTCMKTS:ELUXY) is projected to issue its results before the market opens on Thursday, January 29th. Analysts expect the company to announce earnings of $0.98 per share and revenue of $3.7853 billion for the quarter.

Electrolux (OTCMKTS:ELUXY) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.36). The company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $32.22 billion. Electrolux had a net margin of 0.43% and a return on equity of 6.58%. On average, analysts expect Electrolux to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Electrolux Stock Performance

ELUXY opened at $14.36 on Thursday. The company has a debt-to-equity ratio of 4.10, a quick ratio of 0.64 and a current ratio of 1.01. Electrolux has a 52-week low of $10.80 and a 52-week high of $20.11. The firm has a market cap of $2.03 billion, a P/E ratio of 35.03 and a beta of 1.13. The business’s fifty day moving average is $13.18 and its 200-day moving average is $12.60.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft began coverage on shares of Electrolux in a research report on Tuesday, October 14th. They issued a “hold” rating for the company. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

About Electrolux

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.