Electrolux (ELUXY) Projected to Post Earnings on Friday

Electrolux (OTCMKTS:ELUXY) will likely be announcing its results before the market opens on Friday, October 24th. Analysts expect the company to announce earnings of $0.5070 per share and revenue of $32.2205 billion for the quarter.

Electrolux Stock Up 2.1%

ELUXY opened at $12.02 on Thursday. The business’s fifty day moving average is $11.60 and its two-hundred day moving average is $12.86. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.59 and a current ratio of 0.96. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 133.57 and a beta of 1.10. Electrolux has a one year low of $10.80 and a one year high of $20.11.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ELUXY. Deutsche Bank Aktiengesellschaft started coverage on Electrolux in a research report on Tuesday, October 14th. They set a “hold” rating on the stock. Zacks Research upgraded Electrolux from a “strong sell” rating to a “hold” rating in a report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Electrolux has an average rating of “Hold”.

About Electrolux

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories.