AB SKF (publ) (SKFRY) to Release 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

AB SKF (publ) (OTCMKTS:SKFRY) last released its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.39 EPS for the quarter, beating the consensus estimate 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) Trading Down 0.8 %

Shares of SKFRY stock opened at $20.55 on Tuesday. The company has a current ratio of 2.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $9.36 billion, a price-to-earnings ratio of 17.56, a price-to-earnings-growth ratio of 1.32 and a beta of 1.20. AB SKF has a 12-month low of $17.15 and a 12-month high of $22.95. The stock’s 50-day moving average price is $19.34 and its 200-day moving average price is $19.03.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of 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.