Komatsu (OTCMKTS:KMTUY) Issues Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Key Points

• Komatsu reported a quarterly earnings per share (EPS) of $0.69, with a net margin of 10.70% and return on equity of 13.39%.
• The company's stock opened at $36.10 with a market capitalization of $34.33 billion and a PE ratio of 11.61.
• Goldman Sachs upgraded Komatsu's rating from a "strong sell" to a "hold" in a recent research report.

Komatsu (OTCMKTS:KMTUY - Get Free Report) issued its earnings results on Tuesday. The industrial products company reported $0.69 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.05), Zacks reports. The firm had revenue of $6.12 billion during the quarter, compared to analysts' expectations of $6.49 billion. Komatsu had a net margin of 10.37% and a return on equity of 13.05%.

Komatsu Stock Performance

Komatsu stock traded up $0.01 during mid-day trading on Friday, hitting $32.44. The company had a trading volume of 70,612 shares, compared to its average volume of 163,514. Komatsu has a 12-month low of $24.05 and a 12-month high of $37.27. The company has a market capitalization of $30.85 billion, a price-to-earnings ratio of 10.64, a P/E/G ratio of 6.24 and a beta of 0.96. The company has a current ratio of 2.00, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15. The company's fifty day moving average is $32.06 and its 200-day moving average is $30.27.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. It operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.