Brother Industries (OTCMKTS:BRTHY) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Brother Industries (OTCMKTS:BRTHY) announced its earnings results on Monday. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04, Zacks reports. Brother Industries had a net margin of 5.71% and a return on equity of 7.24%.

Brother Industries Stock Up 7.5%

Brother Industries stock traded up $2.55 on Monday, hitting $36.55. The company’s stock had a trading volume of 9,328 shares, compared to its average volume of 1,557. The firm has a market cap of $4.67 billion, a P/E ratio of 14.00 and a beta of 0.25. The company has a fifty day moving average price of $34.18 and a 200-day moving average price of $34.06. Brother Industries has a one year low of $28.75 and a one year high of $39.15.

Analyst Ratings Changes

Separately, Zacks Research upgraded Brother Industries from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

About Brother Industries

Brother Industries, Ltd. manufactures and sells communications and printing equipment in Japan, the Americas, Europe, Asia, Oceania, the Middle East, Africa, and internationally. It operates through Printing & Solutions, Machinery, Domino, Nissei, Personal & Home, and Network & Contents segments.