Infineon Technologies (IFNNY) to Post Quarterly Earnings on Wednesday

Infineon Technologies (OTCMKTS:IFNNY) will likely be posting its results before the market opens on Wednesday, August 5th. Analysts expect the company to post earnings of $0.48 per share and revenue of $4.7767 billion for the quarter.

Infineon Technologies (OTCMKTS:IFNNY) last released its quarterly earnings data on Wednesday, May 6th. The technology company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). The business had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.46 billion. Infineon Technologies had a net margin of 7.84% and a return on equity of 11.07%. On average, analysts expect Infineon Technologies to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Infineon Technologies Price Performance

Shares of OTCMKTS IFNNY opened at $71.23 on Monday. The stock has a market capitalization of $92.83 billion, a P/E ratio of 69.83, a P/E/G ratio of 0.83 and a beta of 2.26. The company has a 50-day moving average price of $85.48 and a 200-day moving average price of $65.29. Infineon Technologies has a 1 year low of $35.89 and a 1 year high of $103.28. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.59 and a quick ratio of 0.90.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Infineon Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Infineon Technologies currently has a consensus rating of “Moderate Buy”.

About Infineon Technologies

Infineon Technologies AG (OTCMKTS:IFNNY) is a global semiconductor manufacturer that develops, manufactures and markets a broad range of semiconductor and system solutions. The company’s product portfolio includes power semiconductors and modules, microcontrollers and system-on-chip (SoC) solutions, analog and mixed-signal components, sensors and security controllers. Infineon’s technologies are used to enable energy-efficient power conversion, electrification, connectivity and secure data processing across multiple end markets.

Infineon was formed as a spin-off from Siemens AG in 1999 and is headquartered near Munich in Neubiberg, Germany.