Electrolux (ELUXY) Projected to Post Earnings on Friday

Key Points

• Electrolux is expected to announce quarterly earnings on Friday, October 24th, with analysts projecting earnings of $0.5070 per share and revenue of $32.2205 billion.
• In its last earnings report on July 18th, Electrolux missed estimates with an EPS of $0.13 against a consensus of $0.53.
• Analyst ratings for Electrolux show a consensus of "Hold," with one "Strong Buy," two "Hold," and one "Sell" rating.

Electrolux (OTCMKTS:ELUXY - Get Free Report) is anticipated to release its results before the market opens on Friday, October 24th. Analysts expect Electrolux to post earnings of $0.5070 per share and revenue of $32.2205 billion for the quarter.

Electrolux (OTCMKTS:ELUXY - Get Free Report) last announced its quarterly earnings data on Friday, July 18th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.40). The firm had revenue of $3.20 billion for the quarter, compared to analysts' expectations of $33.03 billion. Electrolux had a return on equity of 1.61% and a net margin of 0.11%. On average, analysts expect Electrolux to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Electrolux Stock Up 1.7%

Shares of Electrolux stock opened at $11.28 on Friday. The company has a market cap of $1.60 billion, a P/E ratio of 125.35 and a beta of 1.10. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.59 and a current ratio of 0.96. Electrolux has a one year low of $10.80 and a one year high of $20.11. The firm has a fifty day moving average of $11.65 and a two-hundred day moving average of $12.98.

Analyst Ratings Changes

A number of brokerages have commented on ELUXY. Deutsche Bank Aktiengesellschaft began coverage on shares of Electrolux in a research report on Tuesday. They set a "hold" rating for the company. Zacks Research upgraded shares of Electrolux from a "strong sell" rating to a "hold" rating in a research report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold".

Electrolux Company Profile

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.

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