Husqvarna AB (publ) (OTCMKTS:HSQVY) Issues Earnings Results

Husqvarna AB (publ) (OTCMKTS:HSQVY) announced its quarterly earnings data on Wednesday. The company reported ($0.12) earnings per share for the quarter, Zacks reports. The business had revenue of $934.26 million during the quarter.

Husqvarna AB (publ) Stock Performance

Shares of HSQVY opened at $6.43 on Friday. The firm has a 50 day simple moving average of $7.43 and a two-hundred day simple moving average of $8.17. Husqvarna AB has a one year low of $6.33 and a one year high of $10.54.

Wall Street Analysts Forecast Growth

Separately, Danske cut Husqvarna AB (publ) to a “hold” rating in a research report on Thursday. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

About Husqvarna AB (publ)

Husqvarna AB (publ) is a Sweden-based manufacturer of outdoor power products and related equipment. The company serves professional users, consumers and landowners through products such as chainsaws, trimmers, brushcutters, lawn mowers, ride-on mowers and robotic lawn mowers. It also offers digital solutions, accessories, replacement parts and service support.

Husqvarna Group operates through several established brands, including Husqvarna, Gardena and McCulloch. Gardena focuses primarily on consumer gardening products, including watering systems, garden tools and irrigation equipment.