Denso (DNZOY) Expected to Announce Quarterly Earnings on Thursday

Denso (OTCMKTS:DNZOY) is expected to be announcing its results before the market opens on Thursday, October 29th. Analysts expect Denso to post earnings of $0.1832 per share and revenue of $11.99 billion for the quarter.

Denso (OTCMKTS:DNZOY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). The firm had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $11.42 billion. Denso had a net margin of 5.59% and a return on equity of 7.85%. On average, analysts expect Denso to post $0.89 EPS for the current fiscal year and $0.92 EPS for the next fiscal year.

Denso Price Performance

DNZOY stock opened at $11.72 on Tuesday. The company has a market capitalization of $34.13 billion, a P/E ratio of 11.38 and a beta of 0.95. Denso has a twelve month low of $11.18 and a twelve month high of $15.37. The business has a 50 day simple moving average of $11.95 and a 200-day simple moving average of $12.40. The company has a current ratio of 2.12, a quick ratio of 1.44 and a debt-to-equity ratio of 0.19.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Denso from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Denso Company Profile

DENSO Corporation is a Japan-based global automotive supplier that develops and manufactures technologies and components for vehicle manufacturers and mobility customers. Its products support vehicle thermal management, electrification, powertrain systems, vehicle motion control, cockpit and connectivity functions, and advanced safety.

The company’s offerings include air-conditioning and refrigeration systems, compressors, alternators, starters, fuel-injection and engine-management components, electric motors, inverters, sensors, electronic control units, and driver-assistance technologies.