AUO (AUOTY) to Release Quarterly Earnings on Wednesday

AUO (OTCMKTS:AUOTY) is anticipated to post its resultson Wednesday, July 29th. Analysts expect the company to post earnings of $0.0120 per share and revenue of $2.2129 billion for the quarter.

AUO (OTCMKTS:AUOTY) last issued its earnings results on Thursday, April 30th. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). The company had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.11 billion. AUO had a return on equity of 3.58% and a net margin of 2.06%. On average, analysts expect AUO to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

AUO Stock Up 0.9%

AUO stock opened at $7.88 on Wednesday. The firm has a market cap of $6.07 billion, a price-to-earnings ratio of 32.83 and a beta of 0.39. AUO has a 52 week low of $3.25 and a 52 week high of $10.50. The business’s 50-day moving average price is $8.10 and its 200 day moving average price is $6.12.

AUO Company Profile

AU Optronics Corp. (OTCMKTS:AUOTY) is a Taiwanese manufacturer specializing in thin‐film‐transistor liquid crystal display (TFT‐LCD) panels. Headquartered in Hsinchu, Taiwan, the company designs, develops and produces high‐resolution display solutions for a variety of end markets, including televisions, desktop monitors, notebook computers, mobile devices and tablets. In addition to consumer electronics, AU Optronics supplies specialty and industrial displays for applications such as automotive instrument clusters, medical imaging and retail signage.

Founded in 1996, AU Optronics has grown into one of the world’s leading TFT‐LCD producers by expanding its fabrication facilities across Taiwan and mainland China.