Lenovo Group (LNVGY) Projected to Post Quarterly Earnings on Thursday

Lenovo Group (OTCMKTS:LNVGY) is expected to announce its earnings results on Thursday, May 22nd. Analysts expect the company to announce earnings of $0.40 per share and revenue of $15.77 billion for the quarter.

Lenovo Group (OTCMKTS:LNVGY) last issued its quarterly earnings data on Wednesday, February 19th. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.47. The business had revenue of $18.80 billion for the quarter, compared to analysts’ expectations of $17.85 billion. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. On average, analysts expect Lenovo Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Lenovo Group Stock Up 0.2%

Shares of LNVGY opened at $25.68 on Wednesday. The stock has a market capitalization of $15.93 billion, a price-to-earnings ratio of 10.70, a price-to-earnings-growth ratio of 0.67 and a beta of 0.78. Lenovo Group has a 1 year low of $17.84 and a 1 year high of $35.09. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.86 and a quick ratio of 0.58. The business’s 50 day simple moving average is $24.45 and its 200-day simple moving average is $25.74.

Lenovo Group Company Profile

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.