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

SKF reported Q3 earnings of $0.40 per share, missing the analyst estimate of $0.46 by 13.04%, and down 4.76% from $0.42 per share a year ago. The company's sales totaled $1.811 billion, falling short of the $2.420 billion estimate by 25.17%, and representing a 23.39% decrease from $2.364 billion in the same quarter last year.