Voestalpine (VLPNY) Projected to Post Quarterly Earnings on Wednesday

Voestalpine (OTCMKTS:VLPNY – Get Free Report) is expected to be releasing its results before the market opens on Wednesday, November 11th. Analysts expect Voestalpine to post earnings of $0.1924 per share and revenue of $4.20 billion for the quarter.

Voestalpine (OTCMKTS:VLPNY – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Voestalpine had a return on equity of 6.66% and a net margin of 3.39%. The company had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.38 billion. On average, analysts expect Voestalpine to post $0.80 EPS for the current fiscal year and $1.12 EPS for the next fiscal year.

Voestalpine Price Performance

Shares of OTCMKTS:VLPNY opened at $9.48 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 1.41 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $8.13 billion, a P/E ratio of 13.54 and a beta of 1.48. Voestalpine has a 52-week low of $6.62 and a 52-week high of $11.78. The stock’s fifty day simple moving average is $9.95 and its 200-day simple moving average is $10.02.

Wall Street Analyst Weigh In

VLPNY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Voestalpine in a research note on Friday, September 4th. Zacks Research raised shares of Voestalpine from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 29th. Finally, UBS Group raised shares of Voestalpine from a “hold” rating to a “buy” rating in a research note on Friday, October 9th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Voestalpine presently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Analysis on VLPNY

Voestalpine Company Profile

(Get Free Report)

voestalpine AG is an Austria-based technology and capital goods group specializing in steel, metal processing and industrial solutions. Headquartered in Linz, Austria, the company serves customers in the automotive, railway, aerospace, energy, mechanical engineering and tooling industries.

The company operates through four main divisions: Steel, High Performance Metals, Metal Engineering and Metal Forming. Its products and services include high-quality flat steel, special and tool steels, rail systems, welding technology, sections, tubes, precision components and formed metal parts.

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Earnings History for Voestalpine (OTCMKTS:VLPNY)

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