Atlas Copco (ATLKY) Projected to Post Quarterly Earnings on Wednesday

Atlas Copco (OTCMKTS:ATLKY) is expected to post its quarterly earnings results on Wednesday, April 23rd. Analysts expect Atlas Copco to post earnings of $0.14 per share and revenue of $45.27 billion for the quarter.

Atlas Copco (OTCMKTS:ATLKY) last released its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. On average, analysts expect Atlas Copco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Atlas Copco Stock Performance

OTCMKTS ATLKY opened at $15.12 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 1.72 and a debt-to-equity ratio of 0.28. The firm has a market cap of $73.71 billion, a P/E ratio of 26.07, a P/E/G ratio of 4.99 and a beta of 1.30. The business’s 50-day moving average price is $16.51 and its 200 day moving average price is $16.48. Atlas Copco has a 52-week low of $13.41 and a 52-week high of $20.03.

Wall Street Analyst Weigh In

Separately, Redburn Atlantic downgraded shares of Atlas Copco from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 15th.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.