Acerinox (ANIOY) to Release Quarterly Earnings on Thursday

Key Points

• Acerinox will release quarterly results before the market opens on Thursday, May 14; analysts expect EPS of $0.588 and revenue of $3.8815 billion for the quarter.
• In its last report (Feb. 27) Acerinox missed estimates, reporting (‑$0.11) EPS versus a $0.06 consensus and showing negative return on equity (‑1.92%) and net margin (‑0.72%); analysts now forecast about $1 EPS for both the current and next fiscal year.
• ANIOY shares opened at $8.58 with a $4.28 billion market cap and a negative P/E (~‑95.32) and trade in a 52‑week range of $5.87–$8.58, while analyst coverage averages to a Moderate Buy (two Buys, one Hold).

Acerinox (OTCMKTS:ANIOY - Get Free Report) is expected to be issuing its results before the market opens on Thursday, May 14th. Analysts expect the company to announce earnings of $0.5880 per share and revenue of $3.8815 billion for the quarter.

Acerinox (OTCMKTS:ANIOY - Get Free Report) last issued its quarterly earnings data on Friday, February 27th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.17). The business had revenue of $1.52 billion for the quarter. Acerinox had a negative return on equity of 1.92% and a negative net margin of 0.72%. On average, analysts expect Acerinox to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Acerinox Price Performance

ANIOY stock opened at $8.58 on Thursday. The firm's 50-day moving average is $7.44 and its two-hundred day moving average is $7.20. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of -95.32 and a beta of 1.11. Acerinox has a 52 week low of $5.87 and a 52 week high of $8.58. The company has a current ratio of 1.89, a quick ratio of 0.91 and a debt-to-equity ratio of 0.63.

Analyst Upgrades and Downgrades

ANIOY has been the subject of several analyst reports. Citigroup reaffirmed a "buy" rating on shares of Acerinox in a report on Thursday, January 22nd. Zacks Research upgraded Acerinox from a "strong sell" rating to a "hold" rating in a report on Friday, May 1st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

About Acerinox

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company's core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.

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