Komatsu (KMTUY) Expected to Post Quarterly Earnings on Wednesday

Komatsu (OTCMKTS:KMTUY) will likely be posting its resultson Wednesday, July 29th. Analysts expect Komatsu to announce earnings of $0.59 per share and revenue of $6.1305 billion for the quarter.

Komatsu (OTCMKTS:KMTUY) last announced its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. The business had revenue of $7.62 billion for the quarter, compared to analyst estimates of $7.11 billion. Komatsu had a return on equity of 10.61% and a net margin of 9.12%. On average, analysts expect Komatsu to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Komatsu Trading Up 3.0%

OTCMKTS KMTUY opened at $41.95 on Tuesday. The company has a market cap of $39.03 billion, a price-to-earnings ratio of 15.25, a P/E/G ratio of 2.27 and a beta of 1.05. Komatsu has a 52 week low of $30.65 and a 52 week high of $52.74. The business has a 50 day moving average price of $40.43 and a 200-day moving average price of $41.65. The company has a quick ratio of 1.19, a current ratio of 2.11 and a debt-to-equity ratio of 0.18.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Komatsu from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Komatsu presently has an average rating of “Sell”.

About Komatsu

Komatsu Ltd. (OTCMKTS: KMTUY) is a Japanese multinational manufacturer of construction, mining and industrial equipment. Founded in the early 20th century in Komatsu, Ishikawa Prefecture, the company has grown into a global supplier of heavy machinery and related services for industries including construction, mining, forestry and infrastructure development.

Komatsu’s product lineup covers a broad range of mobile and stationary equipment, including hydraulic excavators, bulldozers, wheel loaders, rigid and articulated dump trucks, dozers, compact equipment, and specialized mining machines for both surface and underground operations.