Previous Close | 20.55 |
Open | 20.55 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 20.55 - 20.55 |
52 Week Range | 15.85 - 22.60 |
Volume | |
Avg. Volume | 708 |
Market Cap | 9.57B |
Beta (5Y Monthly) | 1.04 |
PE Ratio (TTM) | 16.57 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.70 (3.43%) |
Ex-Dividend Date | Mar 27, 2024 |
1y Target Est | N/A |
Sweden's SKF, the world's biggest maker of industrial bearings, reported adjusted first-quarter earnings that topped market expectations in the face of slowing demand and said it expected softer like-for-like sales in the second quarter. SKF reported adjusted operating earnings of 3.30 billion Swedish crowns ($303 million) in the quarter compared to 3.48 billion a year ago and above a mean forecast of 3.11 billion, according to a LSEG compilation of analyst estimates. The Gothenburg-based company, whose bearings are found in products such as cars, tools and wind turbines, forecast a mid-single-digit like-for-like sales decline in the second quarter after sales fell 7% organically in the first quarter.
Here is how Research Solutions Inc. (RSSS) and AB SKF (SKFRY) have performed compared to their sector so far this year.
SKFRY vs. ESAB: Which Stock Is the Better Value Option?