ThyssenKrupp (TKAMY) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• ThyssenKrupp is expected to announce quarterly results before the market opens on May 13, with analysts forecasting EPS $0.1465 and revenue $9.5164 billion.
• Last quarter the company reported (−$0.07) EPS and $8.52 billion in revenue, missing estimates, and analysts now project $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.
• The stock trades near $12.22 with a market cap of $7.6 billion and a P/E of 11.31, and Wall Street ratings are mixed—three Buys, two Holds and two Sells—producing a consensus "Hold".

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) is expected to announce its results before the market opens on Wednesday, May 13th. Analysts expect the company to announce earnings of $0.1465 per share and revenue of $9.5164 billion for the quarter.

ThyssenKrupp (OTCMKTS:TKAMY - Get Free Report) last posted its earnings results on Thursday, February 12th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.27). ThyssenKrupp had a return on equity of 9.08% and a net margin of 1.83%.The business had revenue of $8.52 billion during the quarter, compared to the consensus estimate of $9.42 billion. On average, analysts expect ThyssenKrupp to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

ThyssenKrupp Stock Performance

Shares of TKAMY opened at $12.22 on Wednesday. The firm has a market cap of $7.60 billion, a price-to-earnings ratio of 11.31 and a beta of 1.35. The company's fifty day moving average is $10.25 and its 200-day moving average is $11.71. The company has a quick ratio of 1.01, a current ratio of 1.72 and a debt-to-equity ratio of 0.05. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $17.02.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TKAMY shares. Deutsche Bank Aktiengesellschaft raised shares of ThyssenKrupp from a "buy" rating to a "buy" rating in a research report on Thursday, April 30th. Morgan Stanley reiterated an "underweight" rating on shares of ThyssenKrupp in a research note on Tuesday, January 6th. Barclays reissued an "underweight" rating on shares of ThyssenKrupp in a report on Monday, February 23rd. Zacks Research downgraded ThyssenKrupp from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 24th. Finally, Jefferies Financial Group upgraded ThyssenKrupp from a "hold" rating to a "buy" rating in a report on Friday, February 20th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, ThyssenKrupp has a consensus rating of "Hold".

About ThyssenKrupp

ThyssenKrupp AG OTCMKTS: TKAMY is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.

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