Japan Steel Works (OTCMKTS:JPSWY) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Japan Steel Works (OTCMKTS:JPSWY) released its quarterly earnings results on Tuesday. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04), Zacks reports. The firm had revenue of $424.60 million for the quarter, compared to the consensus estimate of $490.56 million. Japan Steel Works had a net margin of 7.83% and a return on equity of 8.17%.

Japan Steel Works Stock Up 2.9%

Shares of JPSWY stock opened at $17.80 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.33 and a quick ratio of 1.19. Japan Steel Works has a one year low of $16.30 and a one year high of $40.40. The company’s fifty day moving average price is $21.92 and its 200-day moving average price is $26.01. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of 19.57 and a beta of 0.46.

Japan Steel Works Company Profile

Japan Steel Works, Ltd. is a Japanese manufacturer of industrial machinery and steel products. Its offerings include large steel castings and forgings, as well as equipment used in energy, infrastructure and manufacturing applications. The company also makes machinery for processing plastics, including injection molding machines and extruders. Its products serve industries such as automotive, electronics, chemicals and packaging, while its heavy steel products are used in areas including power generation and industrial equipment.