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

Electrolux (OTCMKTS:ELUXY) posted its earnings results on Friday. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.12), Zacks reports. Electrolux had a positive return on equity of 6.76% and a negative net margin of 1.14%. The company had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.35 billion.

Electrolux Stock Up 3.6%

Shares of ELUXY opened at $5.38 on Friday. The company has a market capitalization of $760.78 million, a P/E ratio of -6.89, a PEG ratio of 0.65 and a beta of 1.22. Electrolux has a one year low of $4.63 and a one year high of $19.83. The business’s 50 day simple moving average is $5.51 and its 200-day simple moving average is $8.20. The company has a debt-to-equity ratio of 1.62, a current ratio of 1.04 and a quick ratio of 0.72.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Electrolux from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Five analysts have rated the stock with a Hold rating. According to data from MarketBeat, Electrolux currently has an average rating of “Hold”.

About Electrolux

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.