Anixter International (AXE) to Release Earnings on Tuesday
Anixter International (NYSE:AXE) is set to post its quarterly earnings results before the market opens on Tuesday, April 23rd. Analysts expect Anixter International to post earnings of $1.16 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Anixter International (NYSE:AXE) last posted its quarterly earnings data on Tuesday, January 29th. The technology company reported $1.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.08. The firm had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.11 billion. Anixter International had a return on equity of 12.96% and a net margin of 1.86%. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.41 EPS. On average, analysts expect Anixter International to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
NYSE AXE opened at $61.36 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.06 and a current ratio of 1.95. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 10.52, a P/E/G ratio of 1.24 and a beta of 1.86. Anixter International has a 1 year low of $50.05 and a 1 year high of $79.25.
In other news, Director Robert J. Eck sold 32,264 shares of the company’s stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $61.55, for a total value of $1,985,849.20. The sale was disclosed in a filing with the SEC, which is accessible through this link. 13.60% of the stock is owned by corporate insiders.
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Anixter International Company Profile
Anixter International Inc, through its subsidiary, Anixter Inc, distributes enterprise cabling and security solutions, electrical and electronic wire and cable solutions, and utility power solutions worldwide. The company operates through Network & Security Solutions (NSS), Electrical & Electronic Solutions (EES), and Utility Power Solutions (UPS) segments.
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