AB SKF (OTCMKTS:SKFRY - Get Free Report) will likely be releasing its earnings data on Thursday, July 17th. Analysts expect AB SKF to post earnings of $0.43 per share and revenue of $22.91 billion for the quarter.
AB SKF (OTCMKTS:SKFRY - Get Free Report) last announced its quarterly earnings data on Friday, April 25th. The industrial products company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.04. AB SKF had a net margin of 6.51% and a return on equity of 14.16%. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $24.86 billion. On average, analysts expect AB SKF to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
AB SKF Stock Performance
Shares of SKFRY opened at $23.33 on Thursday. The firm has a 50-day moving average of $21.77 and a 200-day moving average of $20.70. AB SKF has a one year low of $15.86 and a one year high of $24.01. The company has a market cap of $10.62 billion, a PE ratio of 17.67, a price-to-earnings-growth ratio of 2.03 and a beta of 1.15. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.05 and a quick ratio of 1.18.
Wall Street Analyst Weigh In
Separately, Barclays downgraded shares of AB SKF from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 24th.
Read Our Latest Research Report on SKFRY
AB SKF Company Profile
(
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AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.
Further Reading
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