Atlas Copco (ATLKY) Expected to Announce Earnings on Wednesday

Atlas Copco (OTCMKTS:ATLKY) is expected to release its earnings data on Wednesday, April 23rd. Analysts expect Atlas Copco to post earnings of $0.14 per share and revenue of $45.27 billion for the quarter.

Atlas Copco (OTCMKTS:ATLKY) last announced its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. Atlas Copco had a net margin of 16.84% and a return on equity of 28.31%. On average, analysts expect Atlas Copco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Atlas Copco Trading Up 1.2 %

Shares of ATLKY opened at $15.44 on Monday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.20 and a current ratio of 1.72. Atlas Copco has a 52-week low of $13.41 and a 52-week high of $20.03. The firm has a market cap of $75.27 billion, a price-to-earnings ratio of 26.62, a PEG ratio of 4.99 and a beta of 1.30. The business’s fifty day moving average is $16.55 and its 200-day moving average is $16.51.

Analyst Ratings Changes

Separately, Redburn Atlantic downgraded Atlas Copco from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 15th.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.