Palfinger (PLFRF) Projected to Post Quarterly Earnings on Wednesday

Palfinger (OTCMKTS:PLFRF) is expected to be announcing its results before the market opens on Wednesday, October 28th. Analysts expect Palfinger to announce earnings of $0.4192 per share and revenue of $645.61 million for the quarter.

Palfinger Stock Performance

PLFRF opened at $36.10 on Wednesday. Palfinger has a one year low of $36.10 and a one year high of $40.25. The business’s 50 day moving average price is $36.58 and its 200 day moving average price is $38.75.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Palfinger in a research report on Friday, October 2nd. One analyst has rated the stock with a Buy rating. According to MarketBeat, Palfinger has a consensus rating of “Buy”.

About Palfinger

Palfinger AG is an Austrian technology and engineering company that develops, manufactures and distributes lifting and handling solutions. Its portfolio includes truck-mounted loader cranes, timber and recycling cranes, hooklift systems, construction cranes, truck-mounted forklifts, access platforms and railway equipment.

The company also serves the marine and offshore industries with products such as marine cranes, winches, lifesaving equipment and offshore lifting systems. Palfinger provides related services, including maintenance, parts, digital solutions and other lifecycle support for its equipment.

Founded in 1932, Palfinger has evolved from a regional machinery business into an international manufacturer serving customers in transportation, construction, forestry, agriculture, shipping, offshore energy and public infrastructure.