TDK (TTDKY) to Release Earnings on Friday

TDK (OTCMKTS:TTDKY) will likely be announcing its results before the market opens on Friday, January 30th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $612.0812 billion for the quarter.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings data on Friday, October 31st. The technology company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.04. The business had revenue of $4.20 billion during the quarter, compared to the consensus estimate of $3.97 billion. TDK had a return on equity of 9.32% and a net margin of 7.55%. On average, analysts expect TDK to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TDK Stock Up 1.6%

Shares of OTCMKTS TTDKY opened at $12.58 on Wednesday. TDK has a 52-week low of $8.10 and a 52-week high of $18.51. The company’s 50 day moving average price is $14.44 and its 200-day moving average price is $14.26. The company has a market capitalization of $24.44 billion, a P/E ratio of 20.61, a price-to-earnings-growth ratio of 1.04 and a beta of 0.77. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.56.

About TDK

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.