Fanuc (FANUY) to Release Earnings on Monday

Key Points

• Fanuc is set to announce its quarterly earnings on Monday, August 4th, with expectations of earnings of $0.13 per share and revenue of $195.74 billion.
• The company last reported quarterly earnings on July 25th, achieving $0.14 earnings per share, which exceeded analysts' expectations by $0.01.
• UBS Group upgraded Fanuc's rating from "hold" to "strong-buy," indicating renewed confidence in the company's stock performance.

Fanuc (OTCMKTS:FANUY - Get Free Report) is anticipated to release its earnings data before the market opens on Monday, August 4th. Analysts expect Fanuc to post earnings of $0.13 per share and revenue of $195.74 billion for the quarter.

Fanuc (OTCMKTS:FANUY - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. Fanuc had a net margin of 19.62% and a return on equity of 9.21%. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. On average, analysts expect Fanuc to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Fanuc Price Performance

OTCMKTS:FANUY traded down $0.28 during mid-day trading on Thursday, reaching $13.97. 179,273 shares of the company's stock traded hands, compared to its average volume of 471,635. Fanuc has a 12-month low of $10.54 and a 12-month high of $15.50. The firm has a market capitalization of $27.45 billion, a price-to-earnings ratio of 24.51, a PEG ratio of 7.24 and a beta of 0.63. The company has a 50 day moving average price of $13.35 and a 200-day moving average price of $13.59.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of Fanuc from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 20th.

About Fanuc

FANUC Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.