Fanuc (FANUY) Projected to Post Quarterly Earnings on Friday

Fanuc (OTCMKTS:FANUY) is expected to announce its results before the market opens on Friday, October 24th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $198.1895 billion for the quarter.

Fanuc (OTCMKTS:FANUY) last posted its quarterly earnings results on Friday, July 25th. The industrial products company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The business had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Fanuc had a net margin of 19.62% and a return on equity of 9.10%. On average, analysts expect Fanuc to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Fanuc Price Performance

Shares of OTCMKTS FANUY opened at $15.70 on Wednesday. The stock has a market capitalization of $30.85 billion, a P/E ratio of 27.54, a P/E/G ratio of 3.97 and a beta of 0.71. The company has a 50-day moving average price of $14.67 and a 200-day moving average price of $13.69. Fanuc has a 1 year low of $10.54 and a 1 year high of $16.19.

Analysts Set New Price Targets

Separately, Hsbc Global Res cut shares of Fanuc from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Fanuc Company Profile

FANUC Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.