AB SKF (publ) (SKFRY) Projected to Post Quarterly Earnings on Wednesday

AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) is expected to issue its quarterly earnings data on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $2,165,250.00 billion for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

AB SKF (publ) (OTCMKTS:SKFRY - Get Free Report) last issued its quarterly earnings data 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 return on equity of 13.98% and a net margin of 5.69%. 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

SKFRY stock traded up $0.75 on Wednesday, reaching $20.30. The company's stock had a trading volume of 21,964 shares, compared to its average volume of 20,509. AB SKF has a 52 week low of $17.15 and a 52 week high of $22.95. The company has a market capitalization of $9.24 billion, a P/E ratio of 17.35, a price-to-earnings-growth ratio of 1.30 and a beta of 1.20. The firm has a fifty day moving average of $19.21 and a two-hundred day moving average of $19.02. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.36 and a quick ratio of 1.36.

Analyst Ratings Changes

Separately, Citigroup upgraded 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.