Mitsubishi (OTCMKTS:MSBHF – Get Free Report) will likely be issuing its results after the market closes on Wednesday, November 4th. Analysts expect Mitsubishi to post earnings of $0.3909 per share and revenue of $28.64 billion for the quarter.
Mitsubishi (OTCMKTS:MSBHF – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. The company had revenue of $31.86 billion during the quarter, compared to the consensus estimate of $26.46 billion. On average, analysts expect Mitsubishi to post $2.37 EPS for the current fiscal year and $2.31 EPS for the next fiscal year.
Mitsubishi Stock Performance
OTCMKTS:MSBHF opened at $33.10 on Wednesday. The stock’s fifty day moving average price is $30.77 and its two-hundred day moving average price is $30.83. Mitsubishi has a 52-week low of $21.41 and a 52-week high of $37.75. The company has a market cap of $122.67 billion, a price-to-earnings ratio of 21.49 and a beta of 0.49.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Mitsubishi from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Mitsubishi currently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on Mitsubishi
Mitsubishi Company Profile
Mitsubishi Corporation (OTCMKTS:MSBHF) is a Japan-based global trading and business investment company. The company develops and manages businesses across a range of industries, working with partners and customers through its international network.
Its activities include natural gas and other energy businesses, mineral resources, chemicals, industrial infrastructure, mobility, food and consumer products, and power generation. Mitsubishi Corporation is involved in the development, financing, trading, and operation of projects and businesses rather than focusing on a single product line.
Headquartered in Tokyo, Mitsubishi Corporation serves customers and business partners across Japan and international markets.
See Also
- Five stocks we like better than Mitsubishi
- 3 Growth Stocks Under $20 With Hard Catalyst Dates Ahead
- Is United Parcel Service Finally Turning the Corner?
- Taiwan Semiconductor Flexes Pricing Power on AI’s Frontline
- Hidden in Plain Sight: 2 Earnings Winners Investors May Have Missed
Receive News & Ratings for Mitsubishi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi and related companies with MarketBeat.com's FREE daily email newsletter.
