Lenovo Group (OTCMKTS:LNVGY - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Thursday, August 21st. Analysts expect Lenovo Group to post earnings of $0.40 per share and revenue of $19.49 billion for the quarter.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last issued its quarterly earnings results on Thursday, May 22nd. The technology company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. The company had revenue of $16.98 billion during the quarter, compared to analyst estimates of $15.77 billion. Lenovo Group had a net margin of 2.00% and a return on equity of 25.20%. On average, analysts expect Lenovo Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Lenovo Group Trading Up 2.6%
Shares of OTCMKTS:LNVGY opened at $29.61 on Thursday. The company has a 50 day moving average of $25.22 and a 200-day moving average of $25.97. The firm has a market cap of $18.37 billion, a P/E ratio of 13.77, a P/E/G ratio of 0.68 and a beta of 0.75. Lenovo Group has a twelve month low of $17.84 and a twelve month high of $35.09. The company has a current ratio of 0.93, a quick ratio of 0.67 and a debt-to-equity ratio of 0.65.
Lenovo Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, August 20th. Investors of record on Friday, August 1st will be issued a $0.7593 dividend. This represents a dividend yield of 366.0%. The ex-dividend date is Thursday, July 31st. This is an increase from Lenovo Group's previous dividend of $0.20. Lenovo Group's payout ratio is presently 70.70%.
Lenovo Group Company Profile
(
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Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.
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