Fairfax India (FFXDF) Set to Announce Quarterly Earnings on Thursday

Fairfax India (OTCMKTS:FFXDF) is projected to post its resultson Thursday, October 29th. Analysts expect Fairfax India to announce earnings of $0.36 per share and revenue of $3.72 million for the quarter.

Fairfax India (OTCMKTS:FFXDF) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.70 EPS for the quarter, beating the consensus estimate of $0.36 by $1.34. The business had revenue of ($111.49) million for the quarter, compared to analysts’ expectations of $3.72 million.

Fairfax India Stock Up 0.9%

Fairfax India stock opened at $18.17 on Thursday. Fairfax India has a 1-year low of $15.46 and a 1-year high of $20.49. The business has a fifty day moving average price of $18.11 and a 200-day moving average price of $17.99. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.14 and a quick ratio of 0.14. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 12.08 and a beta of 0.83.

About Fairfax India

Fairfax India Holdings Corporation is an investment holding company focused on acquiring and managing long-term investments in India and India-related businesses. The company seeks opportunities across a range of sectors, including financial services, infrastructure, industrial operations, consumer products and other businesses that may benefit from India’s economic development.

Fairfax India has invested in both publicly traded and private companies, with its portfolio historically including interests in businesses such as Bangalore International Airport Limited and other Indian financial, industrial and infrastructure enterprises.