Palfinger (PLFRF) Set to Release Quarterly Earnings on Wednesday

Palfinger (OTCMKTS:PLFRF) is expected to announce its results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.4192 per share and revenue of $645.61 million for the quarter.

Palfinger Stock Performance

OTCMKTS:PLFRF opened at $36.10 on Tuesday. Palfinger has a 12-month low of $36.10 and a 12-month high of $40.25. The stock has a fifty day moving average price of $36.50 and a 200 day moving average price of $39.73.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Palfinger in a research report on Friday, October 2nd. One analyst has rated the stock with a Buy rating. According to MarketBeat, the stock presently has an average rating of “Buy”.

Palfinger Company Profile

Palfinger AG is an Austrian technology and engineering company that develops, manufactures and distributes lifting and handling solutions. Its portfolio includes truck-mounted loader cranes, timber and recycling cranes, hooklift systems, construction cranes, truck-mounted forklifts, access platforms and railway equipment.

The company also serves the marine and offshore industries with products such as marine cranes, winches, lifesaving equipment and offshore lifting systems. Palfinger provides related services, including maintenance, parts, digital solutions and other lifecycle support for its equipment.

Founded in 1932, Palfinger has evolved from a regional machinery business into an international manufacturer serving customers in transportation, construction, forestry, agriculture, shipping, offshore energy and public infrastructure.