Wartsila (OTCMKTS:WRTBY) Issues Earnings Results

Key Points

• Wärtsilä reported quarterly earnings of $0.06 EPS, with a return on equity of 24.14% and a net margin of 9.08%.
• The stock opened at $9.05 (up ~1.1%), has a market cap of $26.78 billion and a P/E of 39.36, trading in a 12‑month range of $3.42 to $9.49.
• Analyst sentiment is negative: two analysts rate the stock Hold and three rate it Sell, leaving an average consensus of "Strong Sell".

Wartsila (OTCMKTS:WRTBY - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.06 earnings per share for the quarter, Zacks reports. Wartsila had a return on equity of 24.14% and a net margin of 9.08%.

Wartsila Stock Up 1.1%

WRTBY opened at $9.05 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.04. The business has a 50 day simple moving average of $8.14 and a 200-day simple moving average of $7.45. The stock has a market capitalization of $26.78 billion, a P/E ratio of 39.36 and a beta of 1.32. Wartsila has a 12 month low of $3.42 and a 12 month high of $9.49.

Wall Street Analyst Weigh In

A number of analysts have weighed in on WRTBY shares. Pareto Securities cut Wartsila from a "hold" rating to a "sell" rating in a research report on Monday, January 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Wartsila in a research report on Thursday, February 5th. Finally, Citigroup reaffirmed a "sell" rating on shares of Wartsila in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Strong Sell".

About Wartsila

Wärtsilä OTCMKTS: WRTBY is a Finnish technology company specializing in sustainable solutions for the marine and energy sectors. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä designs, manufactures and services equipment ranging from marine engines and propulsion systems to complete power plants. The company's Energy Business provides flexible gas, multi-fuel and hybrid power plants, as well as long-term operation and maintenance services. In its Marine Business, Wärtsilä delivers integrated systems for ship design, digital operations and lifecycle support.

With a presence in over 80 countries, Wärtsilä serves shipowners, shipyards, power producers and utilities around the world.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.