Fairfax India (FFXDF) Expected to Post Quarterly Earnings on Thursday

Fairfax India (OTCMKTS:FFXDF) is expected to be issuing its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $3.7220 million for the quarter.

Fairfax India (OTCMKTS:FFXDF) last released its earnings results on Thursday, April 30th. The company reported ($2.76) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($3.12). The firm had revenue of ($379.97) million during the quarter, compared to the consensus estimate of $3.72 million.

Fairfax India Stock Down 0.1%

Shares of OTCMKTS FFXDF opened at $18.24 on Wednesday. The stock has a market capitalization of $2.46 billion, a P/E ratio of 9.86 and a beta of 0.85. The stock’s fifty day moving average is $18.00 and its 200 day moving average is $17.70. Fairfax India has a 52 week low of $15.46 and a 52 week high of $20.49. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.04 and a current ratio of 0.04.

About Fairfax India

Fairfax India (OTCMKTS:FFXDF) is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.

The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.