FUCHS (OTCMKTS:FUPBY) Posts Earnings Results, Misses Expectations By $0.03 EPS

Key Points

• FUCHS reported earnings of $0.14 per share for the quarter, missing analysts' expectations of $0.17 by $0.03.
• The company's revenue was $1.01 billion, significantly surpassing the consensus estimate of $893.90 million.
• FUCHS also announced a dividend of $0.1732 per share, representing a yield of 136.0% with a payout ratio of 26.98%.

FUCHS (OTCMKTS:FUPBY - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.03), Zacks reports. FUCHS had a net margin of 8.46% and a return on equity of 16.23%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $893.90 million.

FUCHS Stock Performance

OTCMKTS:FUPBY traded up $0.17 during midday trading on Friday, reaching $11.59. 4,377 shares of the company traded hands, compared to its average volume of 6,107. FUCHS has a twelve month low of $9.98 and a twelve month high of $14.31. The firm has a market capitalization of $6.44 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 1.98 and a beta of 0.91. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.20 and a quick ratio of 1.30. The company has a fifty day moving average price of $13.23 and a 200 day moving average price of $12.46.

FUCHS Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were given a dividend of $0.1732 per share. The ex-dividend date was Friday, May 9th. This represents a yield of 136.0%. FUCHS's payout ratio is currently 26.98%.

FUCHS Company Profile

Fuchs SE develops, produces, and sells lubricants and related specialties in Europe, the Middle East, Africa, the Asia Pacific, and North and South America. The company offers automotive lubricants, such as biodegradable lubricants, central and mobile hydraulic oils, dry coatings, engine and gear oils, motorcycle/two wheelers, and service fluids, as well as various oils for agriculture sector.

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