Acerinox (ANIOY) to Post Quarterly Earnings on Thursday

Acerinox (OTCMKTS:ANIOYGet Free Report) is expected to issue its results before the market opens on Thursday, July 23rd. Analysts expect the company to post earnings of $0.1556 per share and revenue of $1.76 billion for the quarter.

Acerinox (OTCMKTS:ANIOYGet Free Report) last posted its earnings results on Friday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.58). Acerinox had a negative net margin of 0.79% and a negative return on equity of 2.11%. The business had revenue of $1.62 billion for the quarter, compared to analyst estimates of $3.88 billion. On average, analysts expect Acerinox to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Acerinox Price Performance

OTCMKTS:ANIOY opened at $9.37 on Wednesday. The firm’s fifty day moving average is $9.11 and its two-hundred day moving average is $8.09. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of -93.69 and a beta of 1.13. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.91 and a current ratio of 1.89. Acerinox has a one year low of $5.87 and a one year high of $9.85.

Wall Street Analyst Weigh In

ANIOY has been the subject of several analyst reports. Citigroup reissued a “buy” rating on shares of Acerinox in a report on Monday, July 13th. BNP Paribas Exane lowered Acerinox from a “neutral” rating to an “underperform” rating in a report on Wednesday, July 8th. Morgan Stanley reiterated an “overweight” rating on shares of Acerinox in a research report on Monday, June 15th. Jefferies Financial Group raised Acerinox to a “strong-buy” rating in a report on Monday, July 13th. Finally, Zacks Research upgraded Acerinox from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Analysis on ANIOY

Acerinox Company Profile

(Get Free Report)

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.

Recommended Stories

Earnings History for Acerinox (OTCMKTS:ANIOY)

Receive News & Ratings for Acerinox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acerinox and related companies with MarketBeat.com's FREE daily email newsletter.