JFE (JFEEF) Projected to Announce Earnings on Wednesday

JFE (OTCMKTS:JFEEF) will likely be issuing its resultson Wednesday, August 5th. Analysts expect JFE to post earnings of $0.1897 per share and revenue of $7.2405 billion for the quarter.

JFE (OTCMKTS:JFEEF) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.30). The business had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.73 billion. JFE had a net margin of 1.54% and a return on equity of 2.68%.

JFE Price Performance

JFEEF stock remained flat at $9.90 during trading on Wednesday. JFE has a 12 month low of $9.45 and a 12 month high of $15.00. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.71 and a quick ratio of 0.89. The firm has a market capitalization of $1.83 billion, a P/E ratio of 14.29 and a beta of 0.26. The company’s 50 day simple moving average is $10.37 and its 200 day simple moving average is $11.87.

About JFE

JFE Holdings, Inc (OTCMKTS: JFEEF) is a Tokyo?based steel and engineering conglomerate that ranks among the largest industrial groups in Japan. The company operates primarily through two main segments: JFE Steel, which manufactures a broad range of steel products including flat?rolled steel, long steel products and plates, and JFE Engineering, which provides environmental and resource treatment facilities as well as infrastructure systems. Serving key industries such as automotive, construction, shipbuilding and energy, JFE Holdings combines advanced steelmaking expertise with engineering services to support a wide array of global customers.

Formed in September 2002 through the merger of NKK Corporation and Kawasaki Steel Corporation, JFE Holdings built on a legacy of technical innovation spanning more than a century.