Electrolux (ELUXY) Expected to Post Quarterly Earnings on Wednesday

Electrolux (OTCMKTS:ELUXY) is anticipated to post its resultson Wednesday, July 29th. Analysts expect Electrolux to announce earnings of $0.03 per share and revenue of $3.2325 billion for the quarter.

Electrolux (OTCMKTS:ELUXY) last released its quarterly earnings results on Friday, April 24th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.23 by ($0.61). Electrolux had a return on equity of 4.03% and a net margin of 0.27%.The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.40 billion. On average, analysts expect Electrolux to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Electrolux Price Performance

Shares of OTCMKTS ELUXY opened at $4.79 on Monday. The stock has a market cap of $677.98 million, a P/E ratio of 18.42, a P/E/G ratio of 0.71 and a beta of 1.15. Electrolux has a twelve month low of $4.63 and a twelve month high of $19.83. The stock has a 50 day moving average of $9.30 and a two-hundred day moving average of $12.53. The company has a current ratio of 0.94, a quick ratio of 0.60 and a debt-to-equity ratio of 3.19.

Analysts Set New Price Targets

Several research firms have recently commented on ELUXY. Rothschild & Co Redburn cut Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Zacks Research raised Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

About Electrolux

Electrolux AB, trading on the OTCMKTS as ELUXY, is a global leader in the design, manufacture and marketing of home and professional appliances. The company’s product portfolio spans major and small household appliances, including refrigerators, freezers, cooking ranges, dishwashers, laundry machines and vacuum cleaners, as well as specialty equipment for food-service and hospitality markets. Electrolux is recognized for its emphasis on energy efficiency, innovative design and user-focused functionality across its brands.

Founded in Sweden in 1919 through the merger of Elektromekaniska AB and Lux AB, Electrolux has grown into one of the world’s largest appliance makers.