Metso Oyj (MXCYY) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS
Metso Oyj (NASDAQ:MXCYY) announced its quarterly earnings data on Thursday. The industrial products company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.05), MarketWatch Earnings reports. The business had revenue of $790.60 million during the quarter. Metso Oyj had a return on equity of 10.95% and a net margin of 5.33%.
Shares of Metso Oyj (NASDAQ:MXCYY) traded up 0.0000% during midday trading on Friday, reaching $9.0328. Metso Oyj has a 12 month low of $6.41 and a 12 month high of $9.36. The stock has a 50-day moving average price of $8.97 and a 200-day moving average price of $8.55. The company has a market cap of $5.42 billion and a P/E ratio of 34.4107.
COPYRIGHT VIOLATION WARNING: This news story was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.thecerbatgem.com/2017/10/21/metso-oyj-mxcyy-announces-quarterly-earnings-results-misses-expectations-by-0-05-eps.html.
Separately, Zacks Investment Research downgraded Metso Oyj from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th.
Metso Oyj Company Profile
Metso Oyj is a global supplier of technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.
Receive News & Stock Ratings for Metso Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metso Oyj and related stocks with our FREE daily email newsletter.