ThyssenKrupp (TKAMY) Expected to Release Earnings on Wednesday

ThyssenKrupp (OTCMKTS:TKAMY) is anticipated to issue its results before the market opens on Wednesday, August 12th. Analysts expect ThyssenKrupp to announce earnings of $0.0286 per share and revenue of $9.5633 billion for the quarter.

ThyssenKrupp Trading Up 3.0%

OTCMKTS:TKAMY opened at $14.54 on Wednesday. The company has a fifty day moving average of $13.15 and a 200 day moving average of $12.03. ThyssenKrupp has a 52 week low of $8.16 and a 52 week high of $17.02. The company has a quick ratio of 0.99, a current ratio of 1.66 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $9.05 billion, a P/E ratio of 17.73 and a beta of 1.39.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TKAMY shares. Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ThyssenKrupp in a report on Wednesday, July 22nd. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

About ThyssenKrupp

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.