Electrolux (ELUXY) Expected to Post Quarterly Earnings on Wednesday

Electrolux (OTCMKTS:ELUXY) is anticipated to announce its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.0221 per share and revenue of $3.2339 billion for the quarter.

Electrolux (OTCMKTS:ELUXY) last posted its quarterly earnings data on Friday, April 24th. The company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.61). Electrolux had a return on equity of 4.03% and a net margin of 0.27%.The company had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.40 billion. On average, analysts expect Electrolux to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Electrolux Stock Performance

Shares of ELUXY stock opened at $4.64 on Wednesday. The stock has a market capitalization of $656.75 million, a PE ratio of 17.85, a PEG ratio of 0.70 and a beta of 1.15. The business’s 50 day simple moving average is $9.67 and its 200 day simple moving average is $12.71. The company has a debt-to-equity ratio of 3.19, a current ratio of 0.94 and a quick ratio of 0.60. Electrolux has a one year low of $4.64 and a one year high of $19.83.

Analyst Ratings Changes

ELUXY has been the topic of a number of analyst reports. Rothschild & Co Redburn lowered shares of Electrolux from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. The Goldman Sachs Group raised shares of Electrolux to a “hold” rating in a research report on Friday, March 27th. Finally, Zacks Research upgraded Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Five investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Electrolux Company Profile

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.