Lenovo Group (OTCMKTS:LNVGY) Posts Earnings Results, Beats Estimates By $0.15 EPS

Lenovo Group (OTCMKTS:LNVGY) released its quarterly earnings results on Wednesday. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.15, Zacks reports. Lenovo Group had a return on equity of 27.33% and a net margin of 2.27%.The business had revenue of $20.45 billion during the quarter, compared to the consensus estimate of $20.09 billion.

Lenovo Group Stock Performance

OTCMKTS:LNVGY opened at $24.72 on Thursday. The company has a current ratio of 0.95, a quick ratio of 0.67 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $15.33 billion, a P/E ratio of 9.89, a price-to-earnings-growth ratio of 0.54 and a beta of 0.71. The firm has a 50-day moving average price of $29.45 and a two-hundred day moving average price of $26.97. Lenovo Group has a twelve month low of $17.84 and a twelve month high of $35.09.

About Lenovo Group

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.