Electrolux (OTCMKTS:ELUXY) Releases Earnings Results, Misses Expectations By $0.40 EPS

Electrolux (OTCMKTS:ELUXY - Get Free Report) posted its earnings results on Friday. The company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.53 by ($0.40), Zacks reports. Electrolux had a net margin of 0.11% and a return on equity of 1.61%. The firm had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $33.03 billion.

Electrolux Stock Performance

Shares of OTCMKTS ELUXY traded up $0.38 during trading on Tuesday, hitting $12.46. The company had a trading volume of 2,315 shares, compared to its average volume of 1,083. The stock has a 50 day simple moving average of $13.78 and a 200 day simple moving average of $15.52. The company has a debt-to-equity ratio of 3.91, a quick ratio of 0.60 and a current ratio of 0.94. Electrolux has a 12 month low of $12.08 and a 12 month high of $20.11. The firm has a market capitalization of $1.76 billion, a P/E ratio of 138.46 and a beta of 1.14.

Wall Street Analysts Forecast Growth

Separately, Barclays reissued an "underweight" rating on shares of Electrolux in a report on Wednesday, June 18th.

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.