Knorr-Bremse (KNRRY) Expected to Release Quarterly Earnings on Thursday

Knorr-Bremse (OTCMKTS:KNRRY) is expected to be issuing its resultson Thursday, July 30th. Analysts expect Knorr-Bremse to post earnings of $0.34 per share and revenue of $2.3816 billion for the quarter.

Knorr-Bremse (OTCMKTS:KNRRY) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.01). The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.30 billion. Knorr-Bremse had a return on equity of 17.17% and a net margin of 7.08%. On average, analysts expect Knorr-Bremse to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Knorr-Bremse Stock Up 1.4%

OTCMKTS KNRRY opened at $29.60 on Thursday. The stock has a market cap of $19.09 billion and a PE ratio of 29.90. Knorr-Bremse has a fifty-two week low of $22.62 and a fifty-two week high of $33.96. The business has a 50 day moving average price of $29.29 and a two-hundred day moving average price of $29.66.

Analyst Ratings Changes

A number of research firms have recently commented on KNRRY. Morgan Stanley reissued an “overweight” rating on shares of Knorr-Bremse in a research report on Tuesday, June 23rd. Citigroup reaffirmed a “buy” rating on shares of Knorr-Bremse in a report on Tuesday, July 7th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Knorr-Bremse Company Profile

Knorr-Bremse AG is a Munich-based engineering company that specializes in braking systems and other critical subsystems for rail and commercial vehicles. Founded in 1905 by Georg Knorr, the firm has grown into a global leader in rail technology and commercial vehicle solutions. Its expertise spans safety-related systems designed to optimize performance, energy efficiency, and passenger comfort across a broad range of transport applications.

The company’s operations are organized into two primary business segments: Railway Systems and Commercial Vehicle Systems.