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Atlas Copco (ATLKY) Expected to Announce Quarterly Earnings on Thursday

Atlas Copco logo with Industrials background

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

Atlas Copco (OTCMKTS:ATLKY - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $45.27 billion. Atlas Copco had a net margin of 16.53% and a return on equity of 27.36%. 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 Down 2.4%

ATLKY stock traded down $0.41 during mid-day trading on Friday, reaching $16.76. 38,434 shares of the company traded hands, compared to its average volume of 476,168. The stock has a market cap of $81.68 billion, a price-to-earnings ratio of 29.39, a P/E/G ratio of 19.92 and a beta of 1.35. The company has a quick ratio of 1.23, a current ratio of 1.74 and a debt-to-equity ratio of 0.25. Atlas Copco has a fifty-two week low of $13.41 and a fifty-two week high of $19.65. The firm's 50 day moving average price is $16.26 and its 200 day moving average price is $16.32.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on ATLKY

About Atlas Copco

(Get Free Report)

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.

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Earnings History for Atlas Copco (OTCMKTS:ATLKY)

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