Alps Electric (OTCMKTS:APELY) Posts Earnings Results, Misses Expectations By $0.14 EPS

Key Points

• Alps Electric reported a quarterly earnings per share (EPS) of ($0.18), which missed analysts' expectations by $0.14.
• The company generated revenue of $1.60 billion during the quarter, significantly below analyst estimates of $229.53 billion.
• Alps Electric's stock price remained stable at $21.55, and the company has a market capitalization of $2.22 billion.

Alps Electric (OTCMKTS:APELY - Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.14), Zacks reports. Alps Electric had a net margin of 3.39% and a return on equity of 1.81%. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $229.53 billion.

Alps Electric Stock Performance

APELY stock remained flat at $21.55 during mid-day trading on Wednesday. The firm has a market cap of $2.22 billion, a P/E ratio of 9.80, a PEG ratio of 0.78 and a beta of 0.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.57 and a current ratio of 2.18. Alps Electric has a 1 year low of $16.21 and a 1 year high of $23.50. The business has a fifty day moving average of $19.94 and a 200 day moving average of $19.86.

Alps Electric Company Profile

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company's products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.