ATLAS COPCO AB/S (OTCMKTS:ATLKY) – Analysts at Jefferies Financial Group dropped their FY2018 EPS estimates for shares of ATLAS COPCO AB/S in a report issued on Wednesday, October 17th, according to Zacks Investment Research. Jefferies Financial Group analyst G. Phillips now anticipates that the industrial products company will post earnings of $1.41 per share for the year, down from their previous estimate of $1.43. Jefferies Financial Group also issued estimates for ATLAS COPCO AB/S’s FY2019 earnings at $1.54 EPS.
A number of other brokerages have also recently commented on ATLKY. ValuEngine upgraded ATLAS COPCO AB/S from a “sell” rating to a “hold” rating in a research note on Friday, September 21st. Zacks Investment Research upgraded ATLAS COPCO AB/S from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 19th.
ATLAS COPCO AB/S (OTCMKTS:ATLKY) last posted its quarterly earnings results on Friday, October 19th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.01. ATLAS COPCO AB/S had a return on equity of 27.77% and a net margin of 102.75%. The firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.66 billion.
ATLAS COPCO AB/S Company Profile
Atlas Copco AB, through its subsidiaries, provides productivity solutions worldwide. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, vacuum solutions, air and gas treatment equipment, and medical air solutions for use in manufacturing, oil and gas, and process industries.
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