Electrolux (OTCMKTS:ELUXY) Issues Quarterly Earnings Results, Misses Estimates By $0.12 EPS

Electrolux (OTCMKTS:ELUXY) issued its quarterly earnings data on Friday. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.12), Zacks reports. Electrolux had a negative net margin of 1.14% and a positive return on equity of 6.76%.

Electrolux Stock Up 1.6%

Shares of ELUXY traded up $0.08 during trading hours on Friday, hitting $5.27. 1,799 shares of the company were exchanged, compared to its average volume of 4,384. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.72 and a current ratio of 1.04. The company has a market cap of $746.20 million, a PE ratio of -9.76, a PEG ratio of 0.66 and a beta of 1.22. The firm’s 50 day moving average is $5.53 and its 200-day moving average is $8.22. Electrolux has a 52 week low of $4.63 and a 52 week high of $19.83.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Electrolux from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Five investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Electrolux has a consensus rating of “Hold”.

Electrolux Company Profile

Electrolux Group is a Swedish home-appliance manufacturer headquartered in Stockholm. Founded in 1919, the company develops and sells appliances and related solutions for food preservation and preparation, laundry care, dishwashing, and household cleaning.

Its product portfolio includes refrigerators, freezers, ovens, cooktops, range hoods, washing machines, tumble dryers, dishwashers, vacuum cleaners, and air-care products. The group markets products under brands including Electrolux, AEG, and Frigidaire, with offerings tailored to residential consumers and, in selected markets, professional customers.

Electrolux serves customers across Europe, North America, Latin America, Asia-Pacific, and other international markets through retail, distribution, and direct channels.