Mitsui & Co. (MITSY) Projected to Announce Earnings on Monday

Mitsui & Co. (OTCMKTS:MITSY) is expected to be announcing its resultson Monday, August 3rd. Analysts expect the company to announce earnings of $9.36 per share and revenue of $22.2941 billion for the quarter.

Mitsui & Co. (OTCMKTS:MITSY) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $9.94 earnings per share for the quarter, missing analysts’ consensus estimates of $10.81 by ($0.87). Mitsui & Co. had a net margin of 5.96% and a return on equity of 9.81%. The company had revenue of $23.22 billion during the quarter, compared to the consensus estimate of $34.72 billion. On average, analysts expect Mitsui & Co. to post $48 EPS for the current fiscal year and $51 EPS for the next fiscal year.

Mitsui & Co. Stock Performance

Mitsui & Co. stock opened at $607.61 on Monday. The firm has a market capitalization of $86.79 billion, a P/E ratio of 15.73, a P/E/G ratio of 1.11 and a beta of 0.48. The stock has a fifty day moving average price of $612.30 and a two-hundred day moving average price of $685.27. Mitsui & Co. has a 52-week low of $397.36 and a 52-week high of $835.49. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.41 and a quick ratio of 1.19.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

About Mitsui & Co.

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.