Brokers Set Expectations for ATLAS COPCO AB/S’s FY2020 Earnings (ATLKY)
ATLAS COPCO AB/S (OTCMKTS:ATLKY) – Equities researchers at Jefferies Financial Group reduced their FY2020 earnings per share (EPS) estimates for ATLAS COPCO AB/S in a note issued to investors on Wednesday, October 17th. Jefferies Financial Group analyst G. Phillips now anticipates that the industrial products company will earn $1.62 per share for the year, down from their previous estimate of $1.66.
ATLAS COPCO AB/S (OTCMKTS:ATLKY) last released its quarterly earnings results on Friday, July 20th. The industrial products company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.11). The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $3.76 billion. ATLAS COPCO AB/S had a return on equity of 29.21% and a net margin of 96.76%.
ATLAS COPCO AB/S stock opened at $23.72 on Friday. The stock has a market cap of $21.88 billion, a PE ratio of 14.73, a PEG ratio of 1.51 and a beta of 0.84. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.31 and a quick ratio of 0.96. ATLAS COPCO AB/S has a one year low of $21.18 and a one year high of $47.90.
ATLAS COPCO AB/S Company Profile
Atlas Copco AB, through its subsidiaries, provides productivity solutions worldwide. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, vacuum solutions, air and gas treatment equipment, and medical air solutions for use in manufacturing, oil and gas, and process industries.
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