Andritz (OTCMKTS:ADRZY) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Key Points

• Andritz reported earnings of $0.24 per share, which was $0.02 lower than analysts' expectations of $0.26.
• The company generated $2.17 billion in revenue for the quarter, surpassing analyst estimates of $1.93 billion.
• Andritz's stock price currently sits at $14.19 with a market capitalization of $7.38 billion.

Andritz (OTCMKTS:ADRZY - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.02), reports. Andritz had a return on equity of 21.31% and a net margin of 5.81%. The business had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $1.93 billion.

Andritz Stock Up 0.6%

Shares of Andritz stock traded up $0.08 during trading hours on Wednesday, hitting $14.27. The company had a trading volume of 354 shares, compared to its average volume of 135. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.11 and a quick ratio of 0.86. The company's 50-day moving average is $14.65 and its two-hundred day moving average is $13.20. The company has a market cap of $7.42 billion, a P/E ratio of 13.99 and a beta of 0.87. Andritz has a twelve month low of $9.35 and a twelve month high of $15.75.

Andritz Company Profile

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.