ThyssenKrupp (OTCMKTS:TKAMY) Issues Earnings Results

ThyssenKrupp (OTCMKTS:TKAMYGet Free Report) released its quarterly earnings results on Thursday. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.27), Zacks reports. The business had revenue of $8.52 billion during the quarter, compared to the consensus estimate of $9.42 billion. ThyssenKrupp had a return on equity of 9.21% and a net margin of 1.83%.

ThyssenKrupp Trading Down 1.9%

ThyssenKrupp stock opened at $12.50 on Friday. The firm has a market cap of $7.78 billion, a price-to-earnings ratio of 11.57 and a beta of 1.01. ThyssenKrupp has a 1 year low of $4.96 and a 1 year high of $17.02. The firm’s 50 day moving average price is $11.96 and its two-hundred day moving average price is $12.41. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.09 and a current ratio of 1.69.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TKAMY shares. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Friday, December 5th. Zacks Research raised ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of ThyssenKrupp in a research report on Tuesday, January 6th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, ThyssenKrupp currently has an average rating of “Moderate Buy”.

Read Our Latest Analysis on ThyssenKrupp

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About ThyssenKrupp

(Get Free Report)

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.

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Earnings History for ThyssenKrupp (OTCMKTS:TKAMY)

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