ASSA ABLOY AB (publ) (ASAZY) Projected to Post Earnings on Wednesday

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) is projected to post its quarterly earnings results on Wednesday, April 23rd. Analysts expect ASSA ABLOY AB (publ) to post earnings of $0.17 per share and revenue of $38.07 billion for the quarter. Parties interested in registering for the company's conference call can do so using this link.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.02). ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%. On average, analysts expect ASSA ABLOY AB (publ) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ASSA ABLOY AB (publ) Stock Up 1.2 %

Shares of ASAZY stock traded up $0.17 on Friday, reaching $14.40. 240,083 shares of the company's stock traded hands, compared to its average volume of 179,077. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13. ASSA ABLOY AB has a 12-month low of $12.76 and a 12-month high of $17.03. The business's 50 day moving average price is $15.02 and its two-hundred day moving average price is $15.19. The company has a market capitalization of $32.04 billion, a P/E ratio of 23.23, a price-to-earnings-growth ratio of 1.65 and a beta of 1.09.

ASSA ABLOY AB (publ) Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, April 25th will be issued a dividend of $0.1387 per share. This is a boost from ASSA ABLOY AB (publ)'s previous dividend of $0.13. The ex-dividend date of this dividend is Friday, April 25th. ASSA ABLOY AB (publ)'s payout ratio is currently 23.88%.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.