FUCHS (FUPBY) Expected to Release Quarterly Earnings on Friday

FUCHS (OTCMKTS:FUPBY) is expected to release its results before the market opens on Friday, October 30th. Analysts expect FUCHS to post earnings of $0.22 per share and revenue of $1.18 billion for the quarter.

FUCHS (OTCMKTS:FUPBY) last announced its earnings results on Friday, July 31st. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. On average, analysts expect FUCHS to post $0.75 EPS for the current fiscal year and $0.76 EPS for the next fiscal year.

FUCHS Stock Down 0.8%

Shares of FUPBY opened at $12.49 on Wednesday. FUCHS has a twelve month low of $9.27 and a twelve month high of $12.92. The firm’s 50 day moving average price is $12.08 and its two-hundred day moving average price is $11.29.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on FUPBY. Berenberg Bank downgraded shares of FUCHS from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Jefferies Financial Group reaffirmed a “buy” rating on shares of FUCHS in a research report on Friday, August 7th. Kepler Capital Markets raised shares of FUCHS from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of FUCHS in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, FUCHS currently has an average rating of “Moderate Buy”.

FUCHS Company Profile

FUCHS SE is a Germany-based manufacturer and supplier of specialized lubricants. The company develops, produces and distributes lubricants and related specialty products for industrial, automotive and other commercial applications.

Its product portfolio includes engine and transmission oils, hydraulic and gear oils, metalworking fluids, greases, industrial lubricants, release agents and specialty fluids. These products are used in areas such as automotive manufacturing, mechanical engineering, mining, energy, transportation and other industrial operations.

FUCHS traces its history to 1931, when it was founded in Mannheim, Germany.