Brother Industries (OTCMKTS:BRTHY) Announces Earnings Results, Beats Expectations By $1.38 EPS

Brother Industries (OTCMKTS:BRTHY) released its earnings results on Thursday. The company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $0.72 by $1.38, Zacks reports.

Brother Industries Trading Up 10.8%

Shares of OTCMKTS BRTHY traded up $5.26 during midday trading on Thursday, reaching $54.11. The company had a trading volume of 1,035 shares, compared to its average volume of 309. Brother Industries has a 1 year low of $31.75 and a 1 year high of $54.11. The stock has a market cap of $6.78 billion, a P/E ratio of 18.79 and a beta of 0.14. The business’s 50-day simple moving average is $46.62 and its 200 day simple moving average is $42.27.

About Brother Industries

Brother Industries, Ltd. is a multinational electronics and electrical equipment company based in Nagoya, Japan. The company specializes in the design, manufacture and sale of a wide range of products including printers, multifunction printers, label printers, sewing and embroidery machines, garment printers, and industrial sewing machines. In addition to hardware, Brother provides related software solutions and support services to help customers optimize their document workflows, improve production efficiency and maintain equipment performance.

Brother’s printer and imaging division offers laser and inkjet models for home, office and industrial use, with features such as wireless connectivity, cloud integration and high-speed printing.