Previous close | 19.60 |
Open | 20.08 |
Bid | 20.45 x 150000 |
Ask | 20.52 x 150000 |
Day's range | 20.08 - 20.08 |
52-week range | 14.00 - 21.01 |
Volume | |
Avg. volume | 134 |
Market cap | 9.39B |
Beta (5Y monthly) | 1.04 |
PE ratio (TTM) | 17.16 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.65 (3.32%) |
Ex-dividend date | 27 Mar 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?