Sharp (OTCMKTS:SHCAY) Updates FY 2025 Earnings Guidance

Sharp (OTCMKTS:SHCAY) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.138-0.138 for the period. The company issued revenue guidance of $12.7 billion-$12.7 billion, compared to the consensus revenue estimate of $12.6 billion.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Sharp to a “hold” rating in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Sharp Price Performance

Sharp stock traded down $0.04 on Wednesday, reaching $1.20. The company’s stock had a trading volume of 8,591 shares, compared to its average volume of 5,926. The business’s fifty day moving average price is $1.37 and its 200 day moving average price is $1.28. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.61 and a current ratio of 0.85. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 8.00 and a beta of 0.63. Sharp has a twelve month low of $1.01 and a twelve month high of $1.70.

Sharp (OTCMKTS:SHCAY) last issued its quarterly earnings results on Monday, November 10th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. The business had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.29 billion. Sharp had a return on equity of 20.90% and a net margin of 2.95%. Equities analysts expect that Sharp will post 0.01 earnings per share for the current fiscal year.

About Sharp

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.