JFE (OTCMKTS:JFEEF) Issues Quarterly Earnings Results

Key Points

• JFE Holdings reported earnings of $0.08 per share, missing analyst expectations of $0.15 by $0.07.
• The company's revenue for the quarter was approximately $7.74 billion, matching analyst estimates.
• As of the latest report, JFE shares remained flat at $11.40, with a market capitalization of $7.25 billion.

JFE (OTCMKTS:JFEEF - Get Free Report) issued its earnings results on Monday, August 4th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.08), Zacks reports. The company had revenue of $7.74 billion for the quarter, compared to the consensus estimate of $7.74 billion. JFE had a return on equity of 2.78% and a net margin of 1.49%.

JFE Stock Performance

JFEEF stock remained flat at $12.49 during mid-day trading on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.77 and a current ratio of 1.61. The firm has a market cap of $7.94 billion, a P/E ratio of 17.59 and a beta of 0.48. JFE has a 1 year low of $10.40 and a 1 year high of $13.30. The business has a fifty day moving average of $11.49 and a 200 day moving average of $12.18.

JFE Company Profile

JFE Holdings, Inc, through its subsidiaries, engages in steel, engineering, and trading businesses in Japan and internationally. Its Steel segment produces and sells various steel products, processed steel products, and raw materials, as well as operates in the transportation, facility maintenance, and construction businesses.