Andritz (OTCMKTS:ADRZY) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Andritz (OTCMKTS:ADRZY) issued its quarterly earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01), Zacks reports. The company had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.23 billion. Andritz had a return on equity of 19.95% and a net margin of 5.77%.

Andritz Stock Up 4.2%

Shares of OTCMKTS:ADRZY opened at $20.33 on Friday. The company has a market capitalization of $10.57 billion, a price-to-earnings ratio of 18.15 and a beta of 1.15. The company has a 50 day moving average of $17.76 and a two-hundred day moving average of $17.08. Andritz has a 52-week low of $13.59 and a 52-week high of $20.33. The company has a quick ratio of 0.84, a current ratio of 1.08 and a debt-to-equity ratio of 0.22.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ADRZY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a report on Thursday, May 14th. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Andritz Company Profile

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.