Metso Oyj (MXCYY) Posts Earnings Results
Metso Oyj (NASDAQ:MXCYY) issued its quarterly earnings results on Thursday. The industrial products company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.05), MarketWatch Earnings reports. Metso Oyj had a return on equity of 10.95% and a net margin of 5.33%. The business had revenue of $790.60 million for the quarter.
Metso Oyj (NASDAQ MXCYY) traded up 0.0000% during midday trading on Friday, hitting $9.0328. The stock has a market cap of $5.42 billion and a price-to-earnings ratio of 34.4107. Metso Oyj has a 1-year low of $6.41 and a 1-year high of $9.36. The company has a 50 day moving average of $8.97 and a 200-day moving average of $8.55.
Separately, Zacks Investment Research upgraded Metso Oyj from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th.
Metso Oyj Company Profile
Metso Oyj is a global supplier of technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.
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