Omron (OTCMKTS:OMRNY) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS

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) issued its quarterly earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05, Zacks reports. Omron had a net margin of 4.04% and a return on equity of 3.49%. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.31 billion.

Omron Stock Performance

OTCMKTS:OMRNY opened at $26.14 on Friday. Omron has a twelve month low of $24.16 and a twelve month high of $47.75. The company's 50-day moving average price is $26.18 and its 200-day moving average price is $28.45. The company has a market cap of $5.39 billion, a P/E ratio of 23.55 and a beta of 1.03. The company has a current ratio of 2.31, a quick ratio of 1.57 and a debt-to-equity ratio of 0.13.

About Omron

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.

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