Fujitsu (OTCMKTS:FJTSY) Issues FY 2024 Earnings Guidance

Fujitsu (OTCMKTS:FJTSY) updated its FY 2024 earnings guidance on Friday. The company provided EPS guidance of 0.810-0.810 for the period. The company issued revenue guidance of $22.8 billion-$22.8 billion.

Fujitsu Price Performance

Shares of FJTSY stock traded up $0.47 during midday trading on Friday, reaching $19.02. 241,111 shares of the company were exchanged, compared to its average volume of 141,101. The company’s 50 day moving average price is $17.98 and its two-hundred day moving average price is $18.42. The company has a market cap of $35.84 billion, a P/E ratio of 37.10 and a beta of 0.90. Fujitsu has a 12 month low of $13.39 and a 12 month high of $22.01. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.14 and a current ratio of 1.43.

Fujitsu (OTCMKTS:FJTSY) last announced its earnings results on Friday, January 31st. The technology company reported $0.21 EPS for the quarter. Fujitsu had a return on equity of 13.88% and a net margin of 6.94%. On average, sell-side analysts expect that Fujitsu will post 0.65 earnings per share for the current year.

Fujitsu Company Profile

Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The company offers multi cloud and hybrid IT services; assessment and consultative services; SAP landscape transformation services; new workplace; datacentre products comprising integrated systems, storage solutions, servers, network switches, and infrastructure management; workplace products including notebooks, tablet PC’s, desktop PC’s, workstations, thin clients, displays, and peripheral devices; consumption based IT services; installation and implementation services; and hardware, software, and infrastructure support services, as well as electronic devices, air conditioning products, and network solutions.