Hitachi (OTCMKTS:HTHIY) Posts Quarterly Earnings Results, Beats Estimates By $0.23 EPS

Hitachi (OTCMKTS:HTHIY - Get Free Report) announced its quarterly earnings data on Monday. The conglomerate reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.23, Zacks reports. Hitachi had a net margin of 6.03% and a return on equity of 9.65%. The business had revenue of $19.41 billion for the quarter, compared to analysts' expectations of $2,735.45 billion.

Hitachi Stock Up 1.8 %

HTHIY stock traded up $0.47 on Friday, reaching $25.93. 351,546 shares of the company traded hands, compared to its average volume of 332,734. The firm has a fifty day simple moving average of $24.70 and a 200-day simple moving average of $41.12. The company has a market cap of $118.77 billion, a P/E ratio of 7.93, a price-to-earnings-growth ratio of 3.43 and a beta of 0.75. Hitachi has a one year low of $18.04 and a one year high of $29.99. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.08 and a quick ratio of 0.81.

Hitachi Company Profile

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.