Hino Motors (OTCMKTS:HINOY) Announces Earnings Results

Hino Motors (OTCMKTS:HINOY) released its quarterly earnings results on Thursday. The company reported $1.16 EPS for the quarter, missing the consensus estimate of $1.66 by ($0.50), Zacks reports. The business had revenue of $2.60 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Hino Motors had a net margin of 1.56% and a negative return on equity of 4.31%.

Hino Motors Stock Performance

Shares of Hino Motors stock remained flat at $27.76 on Friday. Hino Motors has a 1-year low of $22.30 and a 1-year high of $34.18. The firm’s 50-day moving average price is $27.76 and its two-hundred day moving average price is $24.86. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.48 and a current ratio of 0.80.

Hino Motors Company Profile

Hino Motors, Ltd. is a Japan-based manufacturer specializing in the production of commercial vehicles and diesel engines. A member of the Toyota Group, Hino develops, assembles and sells medium- and heavy-duty trucks, buses and related components for customers in diverse transportation, logistics and municipal sectors. The company’s product lineup spans light trucks and vans up to large long-haul tractor-trailers, alongside a range of diesel powertrains designed for reliability and fuel efficiency.

Founded in 1942 as Diesel Motor Industry Co, Ltd., Hino Motors has evolved through decades of engineering innovation and strategic partnerships.