Brother Industries (OTCMKTS:BRTHY) Announces Quarterly Earnings Results

Brother Industries (OTCMKTS:BRTHY) released its quarterly earnings data on Monday. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.04, Zacks reports. Brother Industries had a net margin of 5.71% and a return on equity of 7.24%. The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.37 billion.

Brother Industries Stock Up 7.5%

Brother Industries stock opened at $36.55 on Wednesday. Brother Industries has a 52-week low of $28.75 and a 52-week high of $39.15. The firm has a market capitalization of $4.67 billion, a price-to-earnings ratio of 14.00 and a beta of 0.25. The firm has a 50-day moving average price of $34.29 and a two-hundred day moving average price of $34.09.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Brother Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Brother Industries Company Profile

Brother Industries, Ltd. manufactures and sells communications and printing equipment in Japan, the Americas, Europe, Asia, Oceania, the Middle East, Africa, and internationally. It operates through Printing & Solutions, Machinery, Domino, Nissei, Personal & Home, and Network & Contents segments.