Atlas Copco (ATLKY) Projected to Post Earnings on Thursday

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) is anticipated to issue its quarterly earnings data on Thursday, July 17th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $42.93 billion for the quarter.

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.01). The firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $45.27 billion. Atlas Copco had a return on equity of 27.36% and a net margin of 16.53%. On average, analysts expect Atlas Copco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Atlas Copco Stock Performance

Shares of OTCMKTS ATLKY traded up $0.32 during trading hours on Thursday, hitting $17.16. 82,446 shares of the stock were exchanged, compared to its average volume of 479,591. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.74 and a quick ratio of 1.23. The company's 50 day moving average is $16.22 and its 200 day moving average is $16.30. The firm has a market capitalization of $83.66 billion, a P/E ratio of 30.11, a P/E/G ratio of 19.64 and a beta of 1.35. Atlas Copco has a one year low of $13.41 and a one year high of $19.65.

Analysts Set New Price Targets

Separately, Redburn Atlantic downgraded shares of Atlas Copco from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th.

Atlas Copco Company Profile

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.