Fujitsu (OTCMKTS:FJTSY) Announces Earnings Results, Misses Expectations By $0.07 EPS

Fujitsu (OTCMKTS:FJTSY – Get Free Report) issued its quarterly earnings results on Thursday. The technology company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.07), Zacks reports. The company had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.23 billion.

Fujitsu Price Performance

Shares of OTCMKTS FJTSY opened at $24.02 on Friday. Fujitsu has a 12 month low of $19.10 and a 12 month high of $30.05. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.83 and a quick ratio of 1.56. The firm’s 50 day simple moving average is $25.65 and its 200-day simple moving average is $23.27. The stock has a market capitalization of $42.18 billion, a price-to-earnings ratio of 44.48, a PEG ratio of 1.32 and a beta of 0.80.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Fujitsu from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Report on FJTSY

About Fujitsu

(Get Free Report)

Fujitsu Limited is a Japanese information and communications technology company that provides digital services, technology solutions and consulting to businesses, governments and other organizations. Its offerings include cloud computing, artificial intelligence, data and analytics, cybersecurity, application development, systems integration, managed services and digital transformation support.

The company also supplies computing and technology infrastructure, including servers, storage systems, networking products and related enterprise solutions.

See Also

Earnings History for Fujitsu (OTCMKTS:FJTSY)

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