JFE (JFEEF) Expected to Announce Quarterly Earnings on Wednesday

by · The Cerbat Gem

JFE (OTCMKTS:JFEEF – Get Free Report) is anticipated to announce its results after the market closes on Wednesday, August 5th. Analysts expect JFE to post earnings of $0.1897 per share and revenue of $7.1906 billion for the quarter.

JFE (OTCMKTS:JFEEF – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.30). JFE had a net margin of 1.54% and a return on equity of 2.68%. The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.73 billion.

JFE Stock Up 23.6%

JFEEF stock traded up $2.34 during trading on Tuesday, reaching $12.24. The stock had a trading volume of 817 shares, compared to its average volume of 3,159. The company has a current ratio of 1.71, a quick ratio of 0.89 and a debt-to-equity ratio of 0.58. The firm has a fifty day moving average price of $10.29 and a 200 day moving average price of $11.79. The company has a market capitalization of $2.26 billion, a P/E ratio of 17.66 and a beta of 0.26. JFE has a 1-year low of $9.45 and a 1-year high of $15.00.

About JFE

(Get Free Report)

JFE Holdings, Inc (OTCMKTS: JFEEF) is a Tokyo‐based steel and engineering conglomerate that ranks among the largest industrial groups in Japan. The company operates primarily through two main segments: JFE Steel, which manufactures a broad range of steel products including flat‐rolled steel, long steel products and plates, and JFE Engineering, which provides environmental and resource treatment facilities as well as infrastructure systems. Serving key industries such as automotive, construction, shipbuilding and energy, JFE Holdings combines advanced steelmaking expertise with engineering services to support a wide array of global customers.

Formed in September 2002 through the merger of NKK Corporation and Kawasaki Steel Corporation, JFE Holdings built on a legacy of technical innovation spanning more than a century.

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