Seiko Epson (SEKEY) to Announce Earnings on Tuesday

Seiko Epson (OTCMKTS:SEKEY) will likely be posting its results after the market closes on Tuesday, August 4th. Analysts expect Seiko Epson to post earnings of $0.0893 per share and revenue of $2.0866 billion for the quarter.

Seiko Epson (OTCMKTS:SEKEY) last posted its quarterly earnings data on Friday, May 1st. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.24). The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.17 billion. Seiko Epson had a net margin of 1.35% and a return on equity of 2.32%.

Seiko Epson Price Performance

Shares of OTCMKTS SEKEY opened at $9.16 on Friday. The company has a fifty day moving average price of $8.79 and a 200 day moving average price of $7.40. The firm has a market cap of $6.84 billion, a PE ratio of 45.80 and a beta of 0.85. The company has a current ratio of 2.16, a quick ratio of 1.28 and a debt-to-equity ratio of 0.20. Seiko Epson has a 1-year low of $5.75 and a 1-year high of $9.61.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered Seiko Epson from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Seiko Epson Company Profile

Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company’s core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.