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Acerinox missed earnings estimates, posting a $0.11 loss per share, with stock down slightly on low volume.
Acerinox (ANIOY) reported a quarterly loss of $0.11 per share, missing estimates by $0.17, with a net margin of 1.17% and return on equity of 2.85%.
The stock closed at $7.91, down $0.04 on low volume.
The company, based in Madrid, produces stainless steel globally with integrated operations in Europe, North America, and Asia.
It maintains a debt-to-equity ratio of 0.63 and holds a "Moderate Buy" consensus rating.
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Acerinox no cumplió con las estimaciones de ganancias, registrando una pérdida de $0.11 por acción, con un ligero descenso de las acciones por bajo volumen.