Komatsu (OTCMKTS:KMTUY) Releases Earnings Results, Beats Expectations By $0.08 EPS

by · The Markets Daily

Komatsu (OTCMKTS:KMTUY – Get Free Report) released its earnings results on Friday. The industrial products company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08, reports. Komatsu had a return on equity of 12.41% and a net margin of 10.25%.The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $977.56 billion.

Komatsu Stock Performance

Shares of OTCMKTS KMTUY traded down $0.22 during midday trading on Friday, hitting $38.26. 36,568 shares of the company’s stock were exchanged, compared to its average volume of 145,209. The company has a quick ratio of 1.13, a current ratio of 2.09 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $35.59 billion, a PE ratio of 12.71, a price-to-earnings-growth ratio of 5.41 and a beta of 1.02. Komatsu has a 12 month low of $24.75 and a 12 month high of $39.99. The company’s 50 day moving average price is $33.31 and its 200 day moving average price is $34.06.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Komatsu from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Komatsu has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on KMTUY

About Komatsu

(Get Free Report)

Komatsu Ltd. (OTCMKTS: KMTUY) is a Japanese multinational manufacturer of construction, mining and industrial equipment. Founded in the early 20th century in Komatsu, Ishikawa Prefecture, the company has grown into a global supplier of heavy machinery and related services for industries including construction, mining, forestry and infrastructure development.

Komatsu’s product lineup covers a broad range of mobile and stationary equipment, including hydraulic excavators, bulldozers, wheel loaders, rigid and articulated dump trucks, dozers, compact equipment, and specialized mining machines for both surface and underground operations.

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