Outokumpu (OUTKY) Projected to Post Earnings on Thursday

Key Points

• Outokumpu is expected to report results on Thursday, May 14, with analysts forecasting EPS of ($0.0195) and revenue of $1.6698 billion.
• In the prior quarter (reported Feb. 12) Outokumpu posted EPS of ($0.08), beating estimates by $0.05, with revenue of $1.35 billion, while showing a negative return on equity and net margin.
• The stock trades near its 52‑week high of $3.45 with a market cap of $3.26 billion, and analysts hold a consensus rating of Hold (1 Buy, 4 Hold, 1 Sell).

Outokumpu (OTCMKTS:OUTKY - Get Free Report) is anticipated to release its resultson Thursday, May 14th. Analysts expect Outokumpu to post earnings of ($0.0195) per share and revenue of $1.6698 billion for the quarter.

Outokumpu (OTCMKTS:OUTKY - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.05. Outokumpu had a negative return on equity of 4.00% and a negative net margin of 2.55%.The business had revenue of $1.35 billion for the quarter. On average, analysts expect Outokumpu to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Outokumpu Price Performance

OUTKY stock opened at $3.45 on Thursday. Outokumpu has a 52-week low of $1.73 and a 52-week high of $3.45. The stock's fifty day simple moving average is $3.03 and its 200-day simple moving average is $2.70. The company has a quick ratio of 0.58, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of -21.54 and a beta of 0.68.

Analyst Ratings Changes

OUTKY has been the topic of several analyst reports. Jefferies Financial Group cut Outokumpu from a "buy" rating to a "hold" rating in a report on Friday, January 16th. Citigroup restated a "neutral" rating on shares of Outokumpu in a report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Outokumpu in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Outokumpu has a consensus rating of "Hold".

About Outokumpu

Outokumpu Oyj is a Finland-based global producer of stainless steel products and one of Europe's leading stainless steel manufacturers. Headquartered in Helsinki, the company traces its roots back to mining operations established in 1910 and has, over decades, transformed into a focused stainless steel specialist. Outokumpu's core business encompasses the production of high-grade stainless steel in flat and long product forms, serving a broad range of industries including automotive, construction, energy, and consumer goods.

The company's primary product portfolio includes cold-rolled and hot-rolled coils and sheets, plates, strips, bars and wire, as well as tailor-made and value-added solutions such as precision-cut blanks and welded tubes.

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