Amada (OTCMKTS:AMDLY) Posts Earnings Results, Misses Estimates By $0.26 EPS

Key Points

• Amada's quarterly earnings were $0.23 per share, significantly below the consensus estimate of $0.49, resulting in a miss of $0.26 EPS.
• The company's revenue for the quarter was reported at $524.26 million, falling short of the estimated $585.20 million.
• After the earnings announcement, Amada's stock fell by $1.00 to reach $46.00, highlighting a potential negative market reaction.

Amada (OTCMKTS:AMDLY - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.26), Zacks reports. The company had revenue of $524.26 million during the quarter, compared to the consensus estimate of $585.20 million. Amada had a net margin of 7.29% and a return on equity of 5.45%.

Amada Stock Performance

Shares of AMDLY remained flat at $46.00 during trading hours on Wednesday. Amada has a twelve month low of $33.53 and a twelve month high of $49.32. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 19.74 and a beta of 0.24. The firm's 50-day simple moving average is $43.09 and its 200-day simple moving average is $40.25.

Amada Company Profile

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery, software, and peripheral equipment in Japan, North America, Europe, Asia, and internationally. It offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, bending robots, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS SPACE series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and a range of tools for bending and punching.