AB SKF (publ) (SKFRY) Expected to Announce Quarterly Earnings on Wednesday

AB SKF (publ) (OTCMKTS:SKFRY) is expected to post its quarterly earnings results on Wednesday, January 29th. Analysts expect AB SKF (publ) to post earnings of $0.28 per share and revenue of $2,165,250.00 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

AB SKF (publ) (OTCMKTS:SKFRY) last announced its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. AB SKF (publ) had a net margin of 5.69% and a return on equity of 13.98%. The business had revenue of $2.27 billion during the quarter. On average, analysts expect AB SKF (publ) to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AB SKF (publ) Stock Performance

Shares of SKFRY stock opened at $20.72 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.36 and a current ratio of 2.36. The firm has a market cap of $9.43 billion, a P/E ratio of 17.71, a P/E/G ratio of 1.32 and a beta of 1.20. The firm’s 50 day moving average price is $19.34 and its 200-day moving average price is $19.03. AB SKF has a one year low of $17.15 and a one year high of $22.95.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of AB SKF (publ) to a “hold” rating in a research report on Friday, October 11th.

AB SKF (publ) Company Profile

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.