Omron (OMRNY) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Omron is scheduled to report quarterly results on Thursday, May 14, with analysts expecting $0.75 EPS and $1.5694 billion in revenue for the quarter.
• In the prior quarter Omron posted $0.17 EPS, missing estimates, and analysts now forecast $1 EPS for the current fiscal year and $2 EPS for the next.
• The stock trades around $37 with a market cap of $7.29 billion, a high P/E of 46.9 and low leverage (debt/equity 0.13); Zacks recently upgraded the rating to a Hold.

Omron (OTCMKTS:OMRNY - Get Free Report) is projected to post its resultson Thursday, May 14th. Analysts expect Omron to post earnings of $0.75 per share and revenue of $1.5694 billion for the quarter.

Omron (OTCMKTS:OMRNY - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.19). The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.38 billion. Omron had a return on equity of 2.46% and a net margin of 2.80%. On average, analysts expect Omron to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Omron Price Performance

Shares of OTCMKTS OMRNY opened at $37.05 on Thursday. The business has a 50-day moving average of $30.74 and a 200-day moving average of $28.14. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.11 and a quick ratio of 1.37. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of 46.90, a PEG ratio of 0.42 and a beta of 1.16. Omron has a fifty-two week low of $23.23 and a fifty-two week high of $37.73.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Omron from a "strong sell" rating to a "hold" rating in a research report on Monday, January 19th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Omron currently has an average rating of "Hold".

About Omron

Omron Corporation OTCMKTS: OMRNY is a global leader in automation, sensing, and control technologies. The company designs, manufactures, and sells a wide range of products and solutions for industrial, healthcare and social systems applications. Its core business segments include industrial automation—featuring programmable logic controllers, sensors, relays, servo motors and temperature controllers—and healthcare products such as blood pressure monitors, digital thermometers and nebulizers.

Founded in 1933 by Kazuma Tateishi in Kyoto, Japan, Omron began with the development of the first Japanese automatic timer.

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