Shares of Electrolux AB (OTCMKTS:ELUXY - Get Free Report) were down 3.7% on Monday following a dissappointing earnings announcement. The company traded as low as $12.24 and last traded at $12.24. Approximately 170 shares traded hands during trading, a decline of 94% from the average daily volume of 2,962 shares. The stock had previously closed at $12.71.
The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.40). The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $33.03 billion. Electrolux had a return on equity of 1.61% and a net margin of 0.11%.
Wall Street Analysts Forecast Growth
Separately, Barclays reaffirmed an "underweight" rating on shares of Electrolux in a report on Wednesday, June 18th.
Read Our Latest Research Report on ELUXY
Electrolux Price Performance
The firm has a market cap of $1.76 billion, a P/E ratio of 138.46 and a beta of 1.14. The business has a fifty day moving average of $13.78 and a 200 day moving average of $15.52. The company has a quick ratio of 0.60, a current ratio of 0.94 and a debt-to-equity ratio of 3.91.
About Electrolux
(
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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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