Andritz (ADRZY) Expected to Post Quarterly Earnings on Thursday

Andritz (OTCMKTS:ADRZY – Get Free Report) is expected to post its results before the market opens on Thursday, October 29th. Analysts expect Andritz to post earnings of $0.2807 per share and revenue of $2.25 billion for the quarter.

Andritz (OTCMKTS:ADRZY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.23 billion. Andritz had a net margin of 5.77% and a return on equity of 19.74%. On average, analysts expect Andritz to post $1.19 EPS for the current fiscal year and $1.35 EPS for the next fiscal year.

Andritz Stock Up 1.0%

Shares of Andritz stock opened at $17.99 on Tuesday. The stock has a market capitalization of $9.35 billion, a price-to-earnings ratio of 16.06 and a beta of 1.14. Andritz has a twelve month low of $13.59 and a twelve month high of $20.45. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The business’s 50 day simple moving average is $19.17 and its 200-day simple moving average is $17.69.

Analyst Ratings Changes

Separately, Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Andritz presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Andritz

Andritz Company Profile

(Get Free Report)

Andritz AG is an Austria-based international technology and engineering group that develops, manufactures and services equipment, systems and technologies for industrial production and energy generation. The company serves customers throughout the life cycle of its products, including project development, engineering, installation, automation, maintenance and aftermarket services.

Its main business areas include pulp and paper production, metals processing, hydropower, and separation and environmental technologies.

See Also

Earnings History for Andritz (OTCMKTS:ADRZY)

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