Marubeni (MARUY) to Release Quarterly Earnings on Friday

Key Points

• Marubeni will release quarterly earnings on Friday, May 1, with analysts expecting EPS of $4.40 and revenue of $14.8498 billion.
• In the prior quarter Marubeni reported EPS of $5.01, missing the consensus of $5.39 and reporting revenue of $12.64 billion versus expected $12.83 billion; analysts forecast approximately $22 EPS for the current fiscal year and $23 EPS for the next.
• Shares trade around $369.97 with a market cap of $60.91 billion and a P/E of 17.8, and the stock carries a consensus rating of "Moderate Buy" (including coverage starting as a Buy by Goldman Sachs).

Marubeni (OTCMKTS:MARUY - Get Free Report) is anticipated to release its resultson Friday, May 1st. Analysts expect Marubeni to post earnings of $4.40 per share and revenue of $14.8498 billion for the quarter.

Marubeni (OTCMKTS:MARUY - Get Free Report) last announced its earnings results on Wednesday, February 4th. The conglomerate reported $5.01 earnings per share for the quarter, missing the consensus estimate of $5.39 by ($0.38). The company had revenue of $12.64 billion for the quarter, compared to analysts' expectations of $12.83 billion. Marubeni had a return on equity of 12.96% and a net margin of 6.21%. On average, analysts expect Marubeni to post $22 EPS for the current fiscal year and $23 EPS for the next fiscal year.

Marubeni Trading Down 0.1%

Shares of MARUY stock opened at $369.97 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.42 and a quick ratio of 1.02. The firm has a market cap of $60.91 billion, a PE ratio of 17.80, a price-to-earnings-growth ratio of 1.62 and a beta of 0.57. The company has a 50-day moving average of $365.46 and a two-hundred day moving average of $311.58. Marubeni has a 1-year low of $167.96 and a 1-year high of $426.06.

Analyst Ratings Changes

Several brokerages have weighed in on MARUY. Zacks Research raised shares of Marubeni from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 25th. The Goldman Sachs Group began coverage on shares of Marubeni in a research note on Tuesday, January 6th. They set a "buy" rating for the company. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Marubeni Company Profile

Marubeni Corporation OTCMKTS: MARUY is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.

The company's activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.

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