Electrolux (OTCMKTS:ELUXY) Issues Quarterly Earnings Results

Electrolux (OTCMKTS:ELUXYGet Free Report) released its quarterly earnings data on Friday. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.61), Zacks reports. Electrolux had a return on equity of 10.82% and a net margin of 0.69%.

Electrolux Trading Down 12.9%

Shares of OTCMKTS:ELUXY traded down $1.48 during trading on Friday, hitting $9.96. The company had a trading volume of 22,749 shares, compared to its average volume of 12,259. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 14.87 and a beta of 1.20. Electrolux has a one year low of $9.86 and a one year high of $19.83. The company has a fifty day simple moving average of $14.38 and a two-hundred day simple moving average of $13.77. The company has a debt-to-equity ratio of 3.57, a current ratio of 0.96 and a quick ratio of 0.66.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. The Goldman Sachs Group raised Electrolux to a “hold” rating in a report on Friday, March 27th. Citigroup reaffirmed a “neutral” rating on shares of Electrolux in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Electrolux in a report on Monday, February 2nd. Rothschild & Co Redburn cut Electrolux from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, Zacks Research cut Electrolux from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Five analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

View Our Latest Stock Report on ELUXY

Key Headlines Impacting Electrolux

Here are the key news stories impacting Electrolux this week:

About Electrolux

(Get Free Report)

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.

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Earnings History for Electrolux (OTCMKTS:ELUXY)

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