Electrolux (ELUXY) Projected to Post Earnings on Friday

Electrolux (OTCMKTS:ELUXY) is anticipated to post its results before the market opens on Friday, January 30th. Analysts expect Electrolux to post earnings of $0.98 per share and revenue of $3.7853 billion for the quarter.

Electrolux (OTCMKTS:ELUXY) last released its earnings results on Thursday, October 30th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.36). Electrolux had a return on equity of 6.58% and a net margin of 0.43%.The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $32.22 billion. 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

Shares of ELUXY stock opened at $14.73 on Thursday. Electrolux has a 52 week low of $10.80 and a 52 week high of $20.06. The firm has a 50 day moving average of $13.45 and a two-hundred day moving average of $12.57. The company has a quick ratio of 0.64, a current ratio of 1.01 and a debt-to-equity ratio of 4.10. The stock has a market capitalization of $2.08 billion, a PE ratio of 35.93 and a beta of 1.13.

Analyst Upgrades and Downgrades

Several research analysts recently commented on ELUXY shares. Citigroup reissued a “neutral” rating on shares of Electrolux in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft initiated coverage on Electrolux in a research report on Tuesday, October 14th. They set a “hold” rating for the company. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently 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.