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Latest SKF Stock News | OTC:SKULF | Benzinga

SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.

SKF AB SHS A by Svenska Kullagerfabriken AB

SKF AB

Small Cap

Press Releases

SKF empowers customers with AI enabled tool for addressing technical queries

Commodities

Announcement of change in the total number of votes in AB SKF

SKF to publish Q4 report on 31 January

Nomination Committee's proposal for Board of Directors of AB SKF

Earnings

SKF Year-end report Q4 2024: Strong execution supporting margin resilience

SKF continues the preparations for the separation of its Automotive business; initiates consent solicitation

SKF: Notice of Annual General Meeting

SKF launches updated brand to increase stakeholder value

SKF Annual Report 2024 published online; significant decarbonization milestone reached

SKFRY

SKULF

<p>SKF (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SKFRY#OTC">SKFRY</a>) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.33 by 17.88 percent. This is a 14.41 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $2.29 billion which missed the analyst consensus estimate of $2.38 billion by 3.57 percent. This is the same as the same period last year.</p>

News

SKF Q4 Adj. EPS $0.39 Beats $0.33 Estimate, Sales $2.29B Miss $2.38B Estimate

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Latest SKF Stock News | OTC:SKULF | Benzinga

Friday, January 31, 2025

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