Infineon Technologies (IFNNY) Projected to Post Quarterly Earnings on Tuesday

Infineon Technologies (OTCMKTS:IFNNY) is expected to release its results after the market closes on Tuesday, February 3rd. Analysts expect Infineon Technologies to post earnings of $0.3837 per share and revenue of $3.6509 billion for the quarter.

Infineon Technologies (OTCMKTS:IFNNY) last released its quarterly earnings data on Wednesday, November 12th. The technology company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.06). The business had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $3.92 billion. Infineon Technologies had a net margin of 7.57% and a return on equity of 10.87%. On average, analysts expect Infineon Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Infineon Technologies Price Performance

IFNNY opened at $49.01 on Monday. The firm has a 50-day moving average price of $45.08 and a 200-day moving average price of $41.72. Infineon Technologies has a twelve month low of $25.80 and a twelve month high of $52.75. The company has a quick ratio of 0.98, a current ratio of 1.70 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $60.21 billion, a price-to-earnings ratio of 53.86, a PEG ratio of 1.02 and a beta of 1.80.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Infineon Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. Two analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Infineon Technologies presently has a consensus rating of “Strong Buy”.

About Infineon Technologies

Infineon Technologies AG (OTCMKTS:IFNNY) is a global semiconductor manufacturer that develops, manufactures and markets a broad range of semiconductor and system solutions. The company’s product portfolio includes power semiconductors and modules, microcontrollers and system-on-chip (SoC) solutions, analog and mixed-signal components, sensors and security controllers. Infineon’s technologies are used to enable energy-efficient power conversion, electrification, connectivity and secure data processing across multiple end markets.

Infineon was formed as a spin-off from Siemens AG in 1999 and is headquartered near Munich in Neubiberg, Germany.