Orkla Asa (OTCMKTS:ORKLY – Get Free Report) is anticipated to post its results before the market opens on Friday, November 6th. Analysts expect the company to announce earnings of $0.1780 per share and revenue of $1.85 billion for the quarter.
Orkla Asa (OTCMKTS:ORKLY – Get Free Report) last issued its quarterly earnings results on Thursday, August 20th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.86 billion. Orkla Asa had a return on equity of 13.98% and a net margin of 9.63%.
Orkla Asa Trading Down 0.1%
Orkla Asa stock opened at $10.59 on Wednesday. The business has a 50 day moving average price of $9.99 and a two-hundred day moving average price of $11.33. The company has a quick ratio of 0.63, a current ratio of 1.12 and a debt-to-equity ratio of 0.34. The stock has a market cap of $10.44 billion, a price-to-earnings ratio of 15.14 and a beta of 0.33. Orkla Asa has a 12 month low of $9.40 and a 12 month high of $13.90.
Orkla Asa Company Profile
Orkla ASA is a Norwegian investment and industrial group focused primarily on branded consumer goods and related businesses. The company develops, produces and markets food, snacks, confectionery, health and personal-care products, and other everyday consumer products through a portfolio of established brands.
Its product categories include prepared foods, grocery products, baked goods, snacks, sweets, nutritional products, personal care and household items. Orkla also has operations in food ingredients and food services, supplying products and solutions to retailers, food manufacturers and professional customers.
Orkla’s businesses serve consumers and customers mainly in the Nordic and Baltic countries, with selected activities and brands serving additional international markets.
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