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

AB SKF (publ) (OTCMKTS:SKFRY) is anticipated 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. Parties that wish to register for 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. The company had revenue of $2.27 billion for the quarter. AB SKF (publ) had a net margin of 5.69% and a return on equity of 13.98%. 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 Down 0.8 %

Shares of AB SKF (publ) stock opened at $20.55 on Tuesday. The company has a 50-day simple moving average of $19.34 and a two-hundred day simple moving average of $19.03. AB SKF has a 52-week low of $17.15 and a 52-week high of $22.95. 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 stock has a market capitalization of $9.36 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 1.32 and a beta of 1.20.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded AB SKF (publ) to a “hold” rating in a research note 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.