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JFE (OTCMKTS:JFEEF) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

JFE logo with Basic Materials background

JFE (OTCMKTS:JFEEF - Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02), Zacks reports. The company had revenue of $7.89 billion during the quarter, compared to analysts' expectations of $7.99 billion. JFE had a return on equity of 5.22% and a net margin of 2.69%.

JFE Stock Performance

Shares of OTCMKTS:JFEEF remained flat at $13.06 during trading on Friday. JFE has a one year low of $10.40 and a one year high of $13.30. The firm has a market capitalization of $8.31 billion, a PE ratio of 9.82 and a beta of 0.48. The company's 50-day moving average price is $13.15 and its 200-day moving average price is $11.96. The company has a current ratio of 1.63, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53.

JFE Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for JFE (OTCMKTS:JFEEF)

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