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Akzo Nobel (AKZOY) to Release Quarterly Earnings on Wednesday

Akzo Nobel logo with Basic Materials background

Key Points

  • Akzo Nobel (OTCMKTS:AKZOY) is set to announce its quarterly earnings on Wednesday, October 22nd, with analysts expecting earnings of $0.40 per share and revenue of $2.5702 billion.
  • In its last earnings report on July 22nd, Akzo Nobel reported $0.43 EPS, falling short of the consensus estimate of $0.47 EPS, but beat revenue expectations with $3.07 billion.
  • The company's shares are currently trading at $23.21 with a market capitalization of $11.92 billion, and it has displayed a price-to-earnings ratio of 26.08.
  • Interested in Akzo Nobel? Here are five stocks we like better.

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) is expected to be announcing its results before the market opens on Wednesday, October 22nd. Analysts expect the company to announce earnings of $0.40 per share and revenue of $2.5702 billion for the quarter.

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The basic materials company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.04). Akzo Nobel had a net margin of 4.08% and a return on equity of 13.63%. The business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $2.67 billion. On average, analysts expect Akzo Nobel to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Akzo Nobel Price Performance

Shares of OTCMKTS:AKZOY opened at $23.21 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.23 and a quick ratio of 0.91. Akzo Nobel has a 1-year low of $18.07 and a 1-year high of $24.52. The company has a market capitalization of $11.92 billion, a P/E ratio of 26.08, a P/E/G ratio of 0.93 and a beta of 1.10. The firm's 50 day simple moving average is $23.23 and its two-hundred day simple moving average is $22.35.

About Akzo Nobel

(Get Free Report)

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.

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Earnings History for Akzo Nobel (OTCMKTS:AKZOY)

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