Seiko Epson (SEKEY) Expected to Announce Quarterly Earnings on Tuesday

Seiko Epson (OTCMKTS:SEKEY) is anticipated to release its resultson Tuesday, August 4th. Analysts expect the company to post earnings of $0.0893 per share and revenue of $2.0866 billion for the quarter.

Seiko Epson (OTCMKTS:SEKEY) last announced its earnings results on Friday, May 1st. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.24). The business had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.17 billion. Seiko Epson had a net margin of 1.35% and a return on equity of 2.32%.

Seiko Epson Stock Down 4.2%

SEKEY traded down $0.39 during trading on Tuesday, hitting $9.00. The company had a trading volume of 4,389 shares, compared to its average volume of 24,558. The company has a market cap of $6.72 billion, a PE ratio of 45.00 and a beta of 0.86. The business has a 50-day moving average of $8.68 and a 200-day moving average of $7.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.16 and a quick ratio of 1.28. Seiko Epson has a 1-year low of $5.75 and a 1-year high of $9.61.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group downgraded Seiko Epson from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Seiko Epson Company Profile

Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company’s core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.