IHI (OTCMKTS:IHICY) Posts Earnings Results, Misses Estimates By $0.07 EPS

Key Points

• IHI reported quarterly earnings of $0.13 EPS, missing the consensus estimate of $0.20 EPS by $0.07.
• The company demonstrated a net margin of 6.50% and a return on equity of 22.43%.
• IHI's stock traded at $28.76, with a market cap of $17.41 billion and a PE ratio of 24.79.

IHI (OTCMKTS:IHICY - Get Free Report) posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07), Zacks reports. IHI had a return on equity of 22.43% and a net margin of 6.50%.

IHI Stock Up 0.4%

OTCMKTS:IHICY traded up $0.11 during mid-day trading on Wednesday, reaching $29.83. The stock had a trading volume of 471 shares, compared to its average volume of 15,293. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.16 and a quick ratio of 0.77. The stock's 50 day simple moving average is $27.24 and its two-hundred day simple moving average is $21.31. IHI has a 1-year low of $10.59 and a 1-year high of $30.13. The company has a market capitalization of $18.06 billion, a price-to-earnings ratio of 25.72 and a beta of 0.80.

IHI Company Profile

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.