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Hoya (HOCPY) Expected to Announce Earnings on Thursday

Hoya logo with Computer and Technology background

Key Points

  • Hoya (HOCPY) will announce earnings results on Thursday, October 30th, with analysts predicting earnings of $0.99 per share and revenue of approximately $225.6 billion.
  • Last quarter, Hoya reported $1.05 earnings per share, surpassing estimates, and has a projected earnings forecast of $4 EPS for both the current and next fiscal year.
  • Brokerages have recently upgraded Hoya's stock ratings to "strong-buy", reflecting increased confidence in the company's performance.
  • Five stocks we like better than Hoya.

Hoya (OTCMKTS:HOCPY - Get Free Report) will likely be releasing its results before the market opens on Thursday, October 30th. Analysts expect Hoya to post earnings of $0.99 per share and revenue of $225.6147 billion for the quarter.

Hoya (OTCMKTS:HOCPY - Get Free Report) last announced its earnings results on Friday, August 1st. The technology company reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $1.04 by $0.01. Hoya had a return on equity of 21.01% and a net margin of 23.57%.The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.47 billion. On average, analysts expect Hoya to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hoya Stock Performance

Shares of OTCMKTS:HOCPY opened at $150.00 on Thursday. Hoya has a twelve month low of $97.49 and a twelve month high of $155.17. The firm has a market cap of $51.47 billion, a PE ratio of 37.50, a price-to-earnings-growth ratio of 3.14 and a beta of 1.03. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.46 and a current ratio of 5.19. The business has a fifty day moving average of $139.60 and a 200-day moving average of $126.34.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HOCPY. Nomura Securities upgraded Hoya to a "strong-buy" rating in a research note on Monday, August 18th. The Goldman Sachs Group upgraded Hoya from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Hoya presently has a consensus rating of "Strong Buy".

Read Our Latest Research Report on Hoya

About Hoya

(Get Free Report)

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.

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Earnings History for Hoya (OTCMKTS:HOCPY)

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