SKF Q3 Adj. EPS $0.40 Misses $0.46 Estimate, Sales $1.811B Miss $2.420B Estimate

SKF (OTC:SKFRY) reported quarterly earnings of $0.40 per share which missed the analyst consensus estimate of $0.46 by 13.04 percent. This is a 4.76 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $1.811 billion which missed the analyst consensus estimate of $2.420 billion by 25.17 percent. This is a 23.39 percent decrease over sales of $2.364 billion the same period last year.