Omron (OTCMKTS:OMRNY) Announces Quarterly Earnings Results

Key Points

• Omron reported a quarterly earnings per share of $0.24, exceeding the consensus estimate of $0.19 by $0.05.
• The company's revenue for the quarter was $1.29 billion, slightly below the expected $1.31 billion.
• Omron's market cap stands at $5.39 billion, with a P/E ratio of 23.55 and a debt-to-equity ratio of 0.13.

Omron (OTCMKTS:OMRNY - Get Free Report) posted its earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.05, Zacks reports. The business had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.31 billion. Omron had a net margin of 4.04% and a return on equity of 3.49%.

Omron Price Performance

Shares of Omron stock traded up $0.51 during midday trading on Tuesday, hitting $26.22. 38,090 shares of the company were exchanged, compared to its average volume of 54,004. The firm has a 50 day simple moving average of $26.17 and a 200-day simple moving average of $28.29. Omron has a 52 week low of $24.16 and a 52 week high of $47.75. The firm has a market cap of $5.41 billion, a P/E ratio of 23.62 and a beta of 1.03. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 1.57.

Omron Company Profile

OMRON Corporation engages in industrial automation, device and module solutions, social systems, and healthcare businesses worldwide. The Industrial Automation Business offers sensors, switches, safety and control components, relays, motion and drives, robotics, energy conservation, power supplies, and automation system products.