Denso (DNZOY) Expected to Release Earnings on Thursday

Denso (OTCMKTS:DNZOY) is projected to issue its results before the market opens on Thursday, October 29th. Analysts expect Denso to post earnings of $0.1832 per share and revenue of $11.99 billion for the quarter.

Denso (OTCMKTS:DNZOY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). The company had revenue of $12.01 billion during the quarter, compared to analyst estimates of $11.42 billion. Denso had a net margin of 5.59% and a return on equity of 7.85%. On average, analysts expect Denso to post $0.89 EPS for the current fiscal year and $0.92 EPS for the next fiscal year.

Denso Stock Down 1.3%

Shares of OTCMKTS:DNZOY opened at $11.70 on Thursday. The firm has a market cap of $34.06 billion, a P/E ratio of 11.36 and a beta of 0.95. The company has a quick ratio of 1.44, a current ratio of 2.12 and a debt-to-equity ratio of 0.19. Denso has a 12-month low of $11.18 and a 12-month high of $15.37. The business has a fifty day simple moving average of $11.97 and a 200 day simple moving average of $11.97.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Denso from a “strong sell” rating to a “hold” rating in a research report on Monday, October 12th. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Denso Company Profile

DENSO Corporation is a Japan-based global automotive supplier that develops and manufactures technologies and components for vehicle manufacturers and mobility customers. Its products support vehicle thermal management, electrification, powertrain systems, vehicle motion control, cockpit and connectivity functions, and advanced safety.

The company’s offerings include air-conditioning and refrigeration systems, compressors, alternators, starters, fuel-injection and engine-management components, electric motors, inverters, sensors, electronic control units, and driver-assistance technologies.