Softbank Corp. (Japan) (OTCMKTS:SFTBY) issued its quarterly earnings results on Wednesday. The technology company reported $3.58 EPS for the quarter, Morningstar.com reports. Softbank Corp. (Japan) had a net margin of 8.34% and a return on equity of 17.10%.

Shares of Softbank Corp. (OTCMKTS SFTBY) traded down $0.33 during trading hours on Thursday, hitting $40.02. 53,459 shares of the company’s stock were exchanged, compared to its average volume of 308,962. Softbank Corp. has a 52 week low of $35.01 and a 52 week high of $46.56. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.00 and a quick ratio of 0.95.

A number of brokerages have issued reports on SFTBY. Sanford C. Bernstein assumed coverage on shares of Softbank Corp. (Japan) in a report on Thursday, October 19th. They issued an “outperform” rating on the stock. Jefferies Group set a $53.00 price objective on shares of Softbank Corp. (Japan) and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Zacks Investment Research upgraded shares of Softbank Corp. (Japan) from a “sell” rating to a “hold” rating in a research note on Wednesday, November 29th.

ILLEGAL ACTIVITY NOTICE: “Softbank Corp. (Japan) (SFTBY) Releases Quarterly Earnings Results” was published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.dailypolitical.com/2018/02/08/softbank-corp-japan-sftby-releases-quarterly-earnings-results.html.

About Softbank Corp. (Japan)

SoftBank Group Corp., together with its subsidiaries, operates in the information industry in Japan and internationally. The company operates through five segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, and ARM. The Domestic Telecommunications segment provides mobile communications and broadband services; sells mobile devices; and provision of fixed-line telecommunications services to corporate customers, such as data communications and fixed-line telephone services.

Earnings History for Softbank Corp. (Japan) (OTCMKTS:SFTBY)

Receive News & Ratings for Softbank Corp. (Japan) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Softbank Corp. (Japan) and related companies with MarketBeat.com's FREE daily email newsletter.