ThyssenKrupp (OTCMKTS:TKAMY) Posts Quarterly Earnings Results, Misses Expectations By $0.27 EPS

ThyssenKrupp (OTCMKTS:TKAMY) released its quarterly earnings data on Thursday. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.27), Zacks reports. ThyssenKrupp had a net margin of 2.80% and a return on equity of 9.15%.

ThyssenKrupp Trading Down 13.0%

Shares of OTCMKTS:TKAMY traded down $1.91 during midday trading on Thursday, hitting $12.77. The company had a trading volume of 74,794 shares, compared to its average volume of 82,677. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.05. ThyssenKrupp has a 12 month low of $4.88 and a 12 month high of $17.02. The firm has a fifty day simple moving average of $11.89 and a 200 day simple moving average of $12.41. The stock has a market cap of $7.95 billion, a price-to-earnings ratio of 7.74 and a beta of 1.01.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Citigroup reaffirmed a “buy” rating on shares of ThyssenKrupp in a research note on Friday, December 5th. Morgan Stanley reaffirmed an “underweight” rating on shares of ThyssenKrupp in a report on Tuesday, January 6th. Finally, Zacks Research raised shares of ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About ThyssenKrupp

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.