Marubeni (MARUY) Projected to Release Quarterly Earnings on Tuesday

Marubeni (OTCMKTS:MARUY) will likely be announcing its results before the market opens on Tuesday, November 3rd. Analysts expect the company to announce earnings of $0.51 per share and revenue of $13.30 billion for the quarter.

Marubeni (OTCMKTS:MARUY) last released its earnings results on Monday, August 3rd. The conglomerate reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.09. Marubeni had a net margin of 6.62% and a return on equity of 13.08%. The business had revenue of $16.66 billion for the quarter, compared to analysts’ expectations of $13.80 billion. On average, analysts expect Marubeni to post $2.44 EPS for the current fiscal year and $2.51 EPS for the next fiscal year.

Marubeni Price Performance

Marubeni stock opened at $32.34 on Tuesday. Marubeni has a 1 year low of $23.50 and a 1 year high of $42.61. The firm has a 50 day moving average price of $31.22 and a 200 day moving average price of $222.10. The company has a market cap of $53.71 billion, a price-to-earnings ratio of 13.98, a PEG ratio of 1.69 and a beta of 0.57. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.01 and a current ratio of 1.36.

About Marubeni

Marubeni Corporation is a Japan-based general trading company, or sogo shosha, that develops and manages businesses across a broad range of industries. Its activities include the import, export, distribution, investment and financing of products and services in areas such as food, agricultural products, forest products, chemicals, metals and mineral resources, energy, infrastructure, transportation and information technology.

The company is also involved in power generation and energy infrastructure, including renewable energy projects, as well as finance and leasing, real estate, construction, aerospace and mobility-related businesses.