AB SKF (publ) (SKFRY) to Release Earnings on Wednesday

AB SKF (publ) (OTCMKTS:SKFRY) is projected 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 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 data on Wednesday, October 30th. The industrial products company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. The company had revenue of $2.27 billion for the quarter. AB SKF (publ) had a return on equity of 13.98% and a net margin of 5.69%. 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 OTCMKTS SKFRY opened at $20.30 on Wednesday. The firm has a market capitalization of $9.24 billion, a price-to-earnings ratio of 17.35, a PEG ratio of 1.30 and a beta of 1.20. AB SKF has a one year low of $17.15 and a one year high of $22.95. The business has a fifty day simple moving average of $19.21 and a 200 day simple moving average of $19.02. The company has a current ratio of 2.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.33.

Analysts Set New Price Targets

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

About AB SKF (publ)

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.