Fujifilm (OTCMKTS:FUJIY) Posts Earnings Results, Hits Expectations

Key Points

• Fujifilm reported earnings of $0.15 per share, meeting analysts' expectations, with revenues of $5.08 billion for the quarter.
• The company's return on equity was 7.73% and it had a net margin of 7.93%.
• Wall Street Zen downgraded Fujifilm from a "buy" to a "hold" rating on May 23rd.

Fujifilm (OTCMKTS:FUJIY - Get Free Report) released its earnings results on Wednesday. The technology company reported $0.15 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.15, Zacks reports. The firm had revenue of $5.08 billion during the quarter, compared to analysts' expectations of $760.41 billion. Fujifilm had a return on equity of 7.73% and a net margin of 7.93%.

Fujifilm Price Performance

FUJIY stock opened at $11.32 on Friday. The stock has a market cap of $28.16 billion, a PE ratio of 10.20, a price-to-earnings-growth ratio of 3.34 and a beta of 0.67. The stock has a 50-day moving average price of $10.62 and a two-hundred day moving average price of $10.41. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 0.14. Fujifilm has a 1 year low of $8.69 and a 1 year high of $13.88.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Fujifilm from a "buy" rating to a "hold" rating in a report on Friday, May 23rd.

About Fujifilm

FUJIFILM Holdings Corporation develops, manufactures, sells, and services imaging, healthcare, materials, and business innovation solutions worldwide. The company's Healthcare segment provides products and services, such as medical devices, biomedical contract development and manufacturing organization, pharmaceutical, regenerative medicine, and cosmetics and supplements in the areas of prevention, diagnosis, and treatment.

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