Andritz (ADRZY) to Announce Quarterly Earnings on Thursday

Andritz (OTCMKTS:ADRZY) is expected to announce its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.2842 per share and revenue of $2.2374 billion for the quarter.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). Andritz had a return on equity of 20.04% and a net margin of 5.81%.The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. On average, analysts expect Andritz to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Andritz Stock Performance

Andritz stock opened at $17.25 on Thursday. The company’s 50-day moving average price is $17.61 and its 200-day moving average price is $17.00. Andritz has a twelve month low of $13.59 and a twelve month high of $19.20. The company has a quick ratio of 0.84, a current ratio of 1.08 and a debt-to-equity ratio of 0.22. The company has a market cap of $8.97 billion, a PE ratio of 15.68 and a beta of 1.15.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ADRZY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. Zacks Research upgraded 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 given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Andritz

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.