Ricoh (OTCMKTS:RICOY) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Ricoh (OTCMKTS:RICOY) posted its quarterly earnings results on Friday. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03, Zacks reports. Ricoh had a return on equity of 4.11% and a net margin of 1.74%.The company had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.30 billion.

Ricoh Stock Performance

RICOY stock remained flat at $8.42 during midday trading on Friday. The company had a trading volume of 47 shares, compared to its average volume of 1,008. Ricoh has a 52-week low of $8.09 and a 52-week high of $12.20. The company has a quick ratio of 1.05, a current ratio of 1.44 and a debt-to-equity ratio of 0.28. The stock’s 50 day simple moving average is $9.01 and its 200-day simple moving average is $9.34. The firm has a market capitalization of $4.80 billion, a price-to-earnings ratio of 16.84 and a beta of 0.31.

Ricoh Company Profile

Ricoh Company, Ltd. provides office, commercial printing, and related solutions worldwide. It operates through Digital services, Digital Products, Graphic Communications, Industrial Solutions, and Other segments. The company sells multifunctional printers (MFPs), laser printers, digital duplicators, wide format printers, facsimile machines, scanners, personal computers, servers, network equipment, related parts and supplies, services, and support and service and solutions related to documents.