Outokumpu (OUTKY) Set to Announce Earnings on Wednesday

Outokumpu (OTCMKTS:OUTKY – Get Free Report) is projected to post its results before the market opens on Wednesday, November 4th. Analysts expect Outokumpu to announce earnings of $0.0577 per share and revenue of $1.78 billion for the quarter.

Outokumpu (OTCMKTS:OUTKY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.02). The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.97 billion. On average, analysts expect Outokumpu to post $0.10 EPS for the current fiscal year and $0.26 EPS for the next fiscal year.

Outokumpu Stock Performance

Shares of OUTKY opened at $2.46 on Wednesday. Outokumpu has a 1-year low of $1.90 and a 1-year high of $3.66. The company has a 50-day moving average of $2.98 and a 200 day moving average of $3.05.

Analyst Ratings Changes

A number of equities analysts have commented on OUTKY shares. Citigroup restated a “neutral” rating on shares of Outokumpu in a research note on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Outokumpu in a research note on Friday, September 4th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Outokumpu currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on OUTKY

About Outokumpu

(Get Free Report)

Outokumpu Oyj is a Finland-based stainless steel manufacturer serving customers across Europe, the Americas and other international markets. The company produces stainless steel for applications in industries including construction, automotive, transportation, energy, food processing and industrial equipment.

Its product portfolio includes stainless steel coils, sheets, plates, strips and long products, along with specialized grades designed for demanding environments. Outokumpu also produces ferrochrome, an important raw material used in stainless steel manufacturing, and provides related technical, processing and customer support services.

Outokumpu traces its origins to 1910, when copper ore was discovered in Outokumpu, Finland.

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Earnings History for Outokumpu (OTCMKTS:OUTKY)

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