ASSA ABLOY AB (publ) (ASAZY) Projected to Announce Quarterly Earnings on Wednesday

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) is anticipated to release its earnings data on Wednesday, April 23rd. Analysts expect ASSA ABLOY AB (publ) to post earnings of $0.17 per share and revenue of $38.07 billion for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%. On average, analysts expect ASSA ABLOY AB (publ) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ASSA ABLOY AB (publ) Price Performance

Shares of OTCMKTS ASAZY traded up $0.17 during trading on Friday, hitting $14.40. The company had a trading volume of 240,083 shares, compared to its average volume of 179,077. The firm has a market capitalization of $32.04 billion, a price-to-earnings ratio of 23.23, a price-to-earnings-growth ratio of 1.65 and a beta of 1.09. The stock has a fifty day simple moving average of $15.00 and a two-hundred day simple moving average of $15.16. The company has a quick ratio of 0.70, a current ratio of 1.13 and a debt-to-equity ratio of 0.52. ASSA ABLOY AB has a fifty-two week low of $12.76 and a fifty-two week high of $17.03.

ASSA ABLOY AB (publ) Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 15th. Investors of record on Friday, April 25th will be issued a $0.1387 dividend. This is a boost from ASSA ABLOY AB (publ)'s previous dividend of $0.13. The ex-dividend date is Friday, April 25th. ASSA ABLOY AB (publ)'s payout ratio is presently 23.88%.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.