Hitachi (OTCMKTS:HTHIY – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.257-1.257 for the period, compared to the consensus estimate of 1.100. The company issued revenue guidance of $73.1 billion-$73.1 billion, compared to the consensus revenue estimate of $66.2 billion.
Wall Street Analyst Weigh In
Separately, Zacks Research cut Hitachi from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.
Read Our Latest Research Report on Hitachi
Hitachi Stock Down 1.4%
Hitachi (OTCMKTS:HTHIY – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06. The company had revenue of $16.53 billion during the quarter, compared to the consensus estimate of $15.50 billion. Hitachi had a return on equity of 12.02% and a net margin of 7.30%.Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS. On average, equities research analysts predict that Hitachi will post 1.26 earnings per share for the current year.
Hitachi Company Profile
Hitachi, Ltd. (OTCMKTS:HTHIY) is a Tokyo-headquartered multinational conglomerate that operates a diversified portfolio of businesses spanning information technology, energy and power systems, industrial machinery, transportation systems, and digital solutions. Founded in 1910 by engineer Namihei Odaira in the city of Hitachi, Ibaraki Prefecture, the company grew from an electrical repair shop and early induction motor manufacturing into a global engineering and technology group. Hitachi positions itself as a “social innovation” company, combining operational technology, information technology and domain knowledge to address infrastructure and industry challenges.
The company’s activities include design and manufacture of heavy industrial equipment and construction machinery, delivery of rail and urban transportation systems, development and provision of power generation and grid equipment, and enterprise IT services including systems integration and cloud solutions.
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