Alfa Laval Corporate (OTCMKTS:ALFVY) Announces Quarterly Earnings Results

Alfa Laval Corporate (OTCMKTS:ALFVY) posted its quarterly earnings data on Thursday. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.37 by $0.02, reports. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.50 billion. Alfa Laval Corporate had a net margin of 10.11% and a return on equity of 17.86%.

Alfa Laval Corporate Stock Up 2.8 %

OTCMKTS ALFVY opened at $43.28 on Friday. The firm has a market capitalization of $17.89 billion, a price-to-earnings ratio of 29.05, a PEG ratio of 2.80 and a beta of 1.49. Alfa Laval Corporate has a 52 week low of $30.44 and a 52 week high of $43.29. The company has a quick ratio of 0.78, a current ratio of 1.28 and a debt-to-equity ratio of 0.26. The company has a fifty day moving average of $39.14 and a two-hundred day moving average of $37.14.

Alfa Laval Corporate Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, May 20th. Shareholders of record on Monday, April 29th will be paid a dividend of $0.7098 per share. This is a positive change from Alfa Laval Corporate’s previous dividend of $0.43. The ex-dividend date of this dividend is Friday, April 26th. Alfa Laval Corporate’s payout ratio is presently 29.53%.

About Alfa Laval Corporate

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.