FY2022 Earnings Estimate for Ricoh Company, Ltd. Issued By Jefferies Financial Group (OTCMKTS:RICOY)

Ricoh Company, Ltd. (OTCMKTS:RICOY) – Jefferies Financial Group decreased their FY2022 earnings per share (EPS) estimates for shares of Ricoh in a research report issued to clients and investors on Tuesday, January 11th. Jefferies Financial Group analyst M. Nakanomyo now anticipates that the company will earn $0.42 per share for the year, down from their prior forecast of $0.46. Jefferies Financial Group also issued estimates for Ricoh’s Q4 2022 earnings at $0.28 EPS and FY2024 earnings at $0.83 EPS.

Ricoh (OTCMKTS:RICOY) last announced its earnings results on Thursday, November 4th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.01). Ricoh had a return on equity of 0.02% and a net margin of 0.01%. The company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $4.08 billion.

Separately, Zacks Investment Research cut Ricoh from a “hold” rating to a “sell” rating in a report on Saturday.

Ricoh stock opened at $9.45 on Thursday. The stock has a 50-day simple moving average of $9.31 and a 200 day simple moving average of $10.00. The company has a quick ratio of 1.20, a current ratio of 1.52 and a debt-to-equity ratio of 0.14. Ricoh has a 12-month low of $7.05 and a 12-month high of $12.50. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of 945.00 and a beta of 0.71.

Ricoh Company Profile

Ricoh Co, Ltd. engages in the development, production, sale, and provision of services for imaging systems, industrial printers, and network equipment. It operates through the following segments: Office Printing, Office Services, Commercial Printing, Industrial Printing, Thermal, and Others. The Office Printing segment provides multifunction devices, printers, and copiers for offices.

Recommended Story: 52-week highs

Earnings History and Estimates for Ricoh (OTCMKTS:RICOY)

Receive News & Ratings for Ricoh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ricoh and related companies with MarketBeat.com's FREE daily email newsletter.