KLX (KLXI) to Release Earnings on Tuesday
KLX (NASDAQ:KLXI) will be posting its quarterly earnings results before the market opens on Tuesday, March 6th. Analysts expect KLX to post earnings of $0.87 per share for the quarter. KLX has set its FY18 guidance at $3.10 EPS.
KLX (NASDAQ:KLXI) last released its quarterly earnings results on Wednesday, December 6th. The aerospace company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.78 by $0.10. KLX had a net margin of 4.99% and a return on equity of 5.14%. The firm had revenue of $456.70 million during the quarter, compared to the consensus estimate of $442.26 million. The business’s revenue for the quarter was up 17.4% on a year-over-year basis. On average, analysts expect KLX to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of KLX (NASDAQ:KLXI) opened at $68.10 on Monday. KLX has a 12-month low of $42.45 and a 12-month high of $72.53. The company has a market cap of $3,430.00, a price-to-earnings ratio of 45.10, a P/E/G ratio of 3.26 and a beta of 1.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 6.91 and a quick ratio of 2.21.
In other KLX news, Director Theodore L. Weise sold 2,000 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $60.69, for a total transaction of $121,380.00. Following the completion of the transaction, the director now owns 7,083 shares in the company, valued at approximately $429,867.27. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Heather Floyd sold 2,024 shares of the company’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $61.00, for a total transaction of $123,464.00. Following the transaction, the vice president now owns 13,811 shares of the company’s stock, valued at approximately $842,471. The disclosure for this sale can be found here. 1.77% of the stock is currently owned by corporate insiders.
KLX Inc (KLX) is the distributor and service provider of aerospace fasteners and consumables. The Company offers ranges of aerospace hardware and consumables and inventory management services across the world. The Company operates through two segments: Aerospace Solutions Group (ASG) and Energy Services Group (ESG).
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