Alfa Laval (ALFVY) Expected to Announce Quarterly Earnings on Tuesday

Key Points

• Alfa Laval is set to announce its quarterly earnings on October 28th, with analysts expecting earnings of $0.51 per share.
• The company reported a net margin of 11.86% and revenue of $1.76 billion for the last quarter, which fell short of analysts' estimates.
• Alfa Laval shares are currently rated as a "Hold" by multiple analysts, reflecting mixed sentiment in the market.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) is projected to announce its results before the market opens on Tuesday, October 28th. Analysts expect the company to announce earnings of $0.51 per share for the quarter.

Alfa Laval (OTCMKTS:ALFVY - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.05). Alfa Laval had a return on equity of 19.35% and a net margin of 11.86%.The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.83 billion. On average, analysts expect Alfa Laval to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Alfa Laval Stock Up 1.0%

Shares of ALFVY stock opened at $48.13 on Tuesday. Alfa Laval has a 12 month low of $36.86 and a 12 month high of $48.34. The firm has a market cap of $19.89 billion, a PE ratio of 25.74, a price-to-earnings-growth ratio of 2.51 and a beta of 1.34. The stock has a 50 day moving average of $46.21 and a 200-day moving average of $43.63. The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 0.24.

Analyst Ratings Changes

ALFVY has been the topic of a number of research reports. Citigroup restated a "neutral" rating on shares of Alfa Laval in a research report on Wednesday, July 30th. Nordea Equity Research upgraded Alfa Laval from a "sell" rating to a "hold" rating in a research report on Wednesday, July 23rd. Finally, Zacks Research cut Alfa Laval from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 26th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Alfa Laval Company Profile

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.

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