Iochpe-Maxion (IOCJY) Expected to Announce Quarterly Earnings on Thursday

Iochpe-Maxion (OTCMKTS:IOCJYGet Free Report) is expected to be announcing its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $755.0620 million for the quarter.

Iochpe-Maxion (OTCMKTS:IOCJYGet Free Report) last issued its earnings results on Thursday, February 26th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). Iochpe-Maxion had a return on equity of 2.04% and a net margin of 0.63%.The company had revenue of $683.72 million for the quarter, compared to analyst estimates of $671.68 million. On average, analysts expect Iochpe-Maxion to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Iochpe-Maxion Stock Performance

Shares of IOCJY opened at $0.53 on Tuesday. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 1.09. The firm’s 50-day moving average is $0.56 and its two-hundred day moving average is $0.58. Iochpe-Maxion has a twelve month low of $0.50 and a twelve month high of $0.95. The firm has a market capitalization of $244.00 million, a P/E ratio of 17.64 and a beta of 0.65.

Iochpe-Maxion Company Profile

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Iochpe-Maxion SA (OTCMKTS:IOCJY) is a global supplier of automotive wheels and structural components, serving major original equipment manufacturers in the passenger, light truck and commercial vehicle segments. The company’s expertise spans the design, engineering and production of both steel and aluminum wheels, as well as complex chassis and body structural assemblies.

Operations are organized into two primary divisions: Maxion Wheels and Maxion Structural Components. The wheels segment produces a broad range of products including stamped and forged steel wheels and aluminum cast wheels for cars, SUVs, light trucks, commercial trucks and trailers.

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Earnings History for Iochpe-Maxion (OTCMKTS:IOCJY)

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