JFE (OTCMKTS:JFEEF) Announces Quarterly Earnings Results, Misses Expectations By $0.07 EPS

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) released its quarterly earnings data on Monday. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.07), reports. The business had revenue of $7,739,156.91 billion for the quarter, compared to analyst estimates of $7.74 billion. JFE had a return on equity of 3.56% and a net margin of 1.88%.

JFE Stock Performance

Shares of JFE stock remained flat at $11.40 on Monday. The stock's 50-day moving average is $11.83 and its 200 day moving average is $12.05. The company has a current ratio of 1.61, a quick ratio of 0.77 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $7.25 billion, a price-to-earnings ratio of 12.53 and a beta of 0.48. JFE has a 12 month low of $10.40 and a 12 month high of $13.30.

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.

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