Seiko Epson (OTCMKTS:SEKEY) Issues FY 2024 Earnings Guidance

Seiko Epson (OTCMKTS:SEKEY) updated its FY 2024 earnings guidance on Friday. The company provided EPS guidance of 1.030-1.030 for the period. The company issued revenue guidance of $8.7 billion-$8.7 billion.

Seiko Epson Stock Performance

Seiko Epson stock traded up $0.28 during midday trading on Friday, hitting $9.08. The stock had a trading volume of 17,048 shares, compared to its average volume of 30,965. The company has a market capitalization of $6.99 billion, a PE ratio of 18.53 and a beta of 0.89. The company has a current ratio of 2.12, a quick ratio of 1.28 and a debt-to-equity ratio of 0.14. The firm’s fifty day moving average is $8.87 and its two-hundred day moving average is $8.91. Seiko Epson has a 52-week low of $7.02 and a 52-week high of $9.69.

Seiko Epson (OTCMKTS:SEKEY) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.24 earnings per share (EPS) for the quarter. Seiko Epson had a net margin of 3.54% and a return on equity of 5.62%. On average, research analysts forecast that Seiko Epson will post 0.49 EPS for the current year.

Seiko Epson Company Profile

Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses. It operates through three segments: Printing Solutions, Visual Communications, and Manufacturing-related and Wearables segments.