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Denso (OTCMKTS:DNZOY) Issues Quarterly Earnings Results

Denso logo with Auto/Tires/Trucks background

Key Points

  • Denso reported quarterly earnings of $0.20 per share, falling short of analyst expectations of $0.28 by $0.08.
  • The company's revenue for the quarter was $11.78 billion, significantly lower than the consensus estimate of $1,767.34 billion.
  • Denso's stock rose 0.7% to $13.73 following the earnings announcement, amid a market capitalization of $39.97 billion.
  • Looking to export and analyze Denso data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Denso (OTCMKTS:DNZOY - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.08), Zacks reports. The company had revenue of $11.78 billion for the quarter, compared to analysts' expectations of $1,767.34 billion. Denso had a return on equity of 7.63% and a net margin of 5.62%.

Denso Price Performance

Denso stock traded up $0.02 during midday trading on Wednesday, reaching $14.11. 6,208 shares of the company were exchanged, compared to its average volume of 177,261. The company has a market capitalization of $41.07 billion, a price-to-earnings ratio of 14.85 and a beta of 1.00. The firm's 50-day simple moving average is $13.46 and its 200-day simple moving average is $13.11. Denso has a 1 year low of $10.96 and a 1 year high of $16.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.28 and a current ratio of 1.85.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded Denso to a "hold" rating in a research report on Monday, April 14th.

Read Our Latest Research Report on Denso

About Denso

(Get Free Report)

DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, refrigerant products, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.

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Earnings History for Denso (OTCMKTS:DNZOY)

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