AU Optronics (AUOTY) Projected to Post Earnings on Wednesday

Key Points

• AU Optronics (AUOTY) is set to release its quarterly earnings on Wednesday, August 6th, with analysts predicting earnings of $0.04 per share and a revenue of $71.28 billion.
• The company's stock price fell by 2.5% to $4.31, with a market cap of $3.32 billion and a P/E ratio of -16.58.
• AU Optronics has announced a dividend of $0.0837 per share, yielding 189.0%, and will be paid on September 8th to investors recorded by August 7th.

AU Optronics (OTCMKTS:AUOTY - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, August 13th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $71.28 billion for the quarter.

AU Optronics Stock Performance

OTCMKTS:AUOTY traded up $0.12 during trading hours on Thursday, hitting $4.27. The stock had a trading volume of 20,533 shares, compared to its average volume of 59,923. AU Optronics has a one year low of $3.99 and a one year high of $6.40. The business's 50 day moving average is $4.99 and its 200-day moving average is $4.92. The company has a market cap of $3.28 billion, a price-to-earnings ratio of -16.40 and a beta of 0.45.

AU Optronics Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, September 8th. Shareholders of record on Thursday, August 7th will be given a $0.0837 dividend. This represents a yield of 189.0%. The ex-dividend date is Wednesday, August 6th. AU Optronics's payout ratio is currently -115.38%.

About AU Optronics

AUO Corporation researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays for various applications. It operates through two segments, Display and Energy. The company designs, manufactures, and sells ingots, solar wafers, and solar modules, as well as provides technical engineering and maintenance services for solar system projects.