Electrolux (ELUXY) Projected to Release Quarterly Earnings on Wednesday

Electrolux (OTCMKTS:ELUXY) is expected to release its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $3.2325 billion for the quarter.

Electrolux (OTCMKTS:ELUXY) last issued its earnings results on Friday, April 24th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.61). The company had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.40 billion. Electrolux had a net margin of 0.27% and a return on equity of 4.03%. On average, analysts expect Electrolux to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Electrolux Price Performance

Shares of ELUXY opened at $5.08 on Tuesday. The firm has a fifty day simple moving average of $9.19 and a two-hundred day simple moving average of $12.46. The firm has a market cap of $718.88 million, a PE ratio of 19.53, a P/E/G ratio of 0.71 and a beta of 1.15. The company has a current ratio of 0.94, a quick ratio of 0.60 and a debt-to-equity ratio of 3.19. Electrolux has a 1-year low of $4.63 and a 1-year high of $19.83.

Analyst Upgrades and Downgrades

ELUXY has been the subject of several research analyst reports. Rothschild & Co Redburn cut Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Zacks Research raised Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Five equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Electrolux Company Profile

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.