Atlas Copco (ATLKY) Expected to Announce 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 results 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 analyst estimates 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 Price Performance

Shares of OTCMKTS ATLKY traded down $0.41 during trading hours on Friday, hitting $16.75. 1,940,769 shares of the stock were exchanged, compared to its average volume of 546,587. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.23 and a current ratio of 1.74. The company has a market cap of $81.66 billion, a PE ratio of 29.39, a price-to-earnings-growth ratio of 19.82 and a beta of 1.35. The company's fifty day simple moving average is $16.28 and its two-hundred day simple moving average is $16.33. Atlas Copco has a 1-year low of $13.41 and a 1-year high of $19.65.

Analysts Set New Price Targets

Separately, Redburn Atlantic lowered shares of Atlas Copco from a "strong-buy" rating to a "hold" rating in a research 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.