Denso (DNZOY) Expected to Release Earnings on Thursday

Denso (OTCMKTS:DNZOY) is expected to announce its resultson Thursday, July 30th. Analysts expect Denso to post earnings of $0.1954 per share and revenue of $11.4227 billion for the quarter.

Denso (OTCMKTS:DNZOY) last announced its quarterly earnings results on Monday, April 27th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.04. The company had revenue of $12.80 billion for the quarter, compared to analyst estimates of $11.85 billion. Denso had a net margin of 5.82% and a return on equity of 8.14%. On average, analysts expect Denso to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Denso Price Performance

Shares of OTCMKTS:DNZOY opened at $12.16 on Thursday. The company has a market cap of $35.40 billion, a price-to-earnings ratio of 11.36 and a beta of 0.96. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.09 and a quick ratio of 1.41. The firm has a 50 day simple moving average of $11.82 and a 200 day simple moving average of $12.60. Denso has a one year low of $11.18 and a one year high of $15.85.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded shares of Denso from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Denso Company Profile

Denso Corporation (OTCMKTS: DNZOY) is a global supplier of automotive technology, systems and components headquartered in Kariya, Aichi Prefecture, Japan. The company designs, manufactures and supplies a wide range of parts and systems for original equipment manufacturers (OEMs) and the aftermarket. Denso’s offerings span thermal systems, powertrain control, electrification components, electronic modules, sensors and actuators, and vehicle safety and driver assistance technologies.

Key product areas include climate control and HVAC components, radiators and heat exchangers, engine and fuel-management systems, starters and alternators, electronic control units (ECUs), sensors, and a growing portfolio of electrification products such as inverters, battery-management systems and charging components.