Japan Steel Works (OTCMKTS:JPSWY) Releases Earnings Results, Misses Estimates By $0.04 EPS

Japan Steel Works (OTCMKTS:JPSWY) announced its earnings results on Tuesday. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04), Zacks reports. Japan Steel Works had a net margin of 7.40% and a return on equity of 7.82%. The business had revenue of $424.60 million during the quarter, compared to analyst estimates of $490.56 million.

Japan Steel Works Trading Up 6.4%

Shares of Japan Steel Works stock opened at $18.95 on Thursday. Japan Steel Works has a 1 year low of $16.30 and a 1 year high of $40.40. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.19 and a current ratio of 2.33. The company has a market capitalization of $2.82 billion, a P/E ratio of 22.55 and a beta of 0.46. The company’s fifty day moving average is $21.83 and its two-hundred day moving average is $25.96.

Japan Steel Works Company Profile

Japan Steel Works, Ltd. is a Japanese manufacturer of industrial machinery and steel products. Its offerings include large steel castings and forgings, as well as equipment used in energy, infrastructure and manufacturing applications. The company also makes machinery for processing plastics, including injection molding machines and extruders. Its products serve industries such as automotive, electronics, chemicals and packaging, while its heavy steel products are used in areas including power generation and industrial equipment.