Pigeon (OTCMKTS:PGENY) Announces Earnings Results

Key Points

• Pigeon (OTCMKTS:PGENY) reported earnings of $0.04 per share for the quarter, exceeding analyst estimates of $0.04.
• The company generated revenue of $197.33 million, slightly above the expected $195.90 million.
• Pigeon's shares remained flat at $2.85 with a market capitalization of $1.36 billion and a PE ratio of 21.92.

Pigeon (OTCMKTS:PGENY - Get Free Report) issued its earnings results on Thursday. The company reported $0.04 earnings per share for the quarter, Zacks reports. Pigeon had a return on equity of 12.07% and a net margin of 8.82%. The business had revenue of $197.33 million during the quarter, compared to analyst estimates of $195.90 million.

Pigeon Price Performance

Shares of OTCMKTS PGENY remained flat at $2.85 during midday trading on Friday. Pigeon has a 12-month low of $1.99 and a 12-month high of $3.14. The company has a market capitalization of $1.36 billion, a PE ratio of 21.92 and a beta of 0.12. The firm has a 50-day moving average price of $2.96 and a two-hundred day moving average price of $2.83.

About Pigeon

Pigeon Corporation, together with its subsidiaries, engages in the manufacture, sale, import, and export of baby and child-care products, maternity items, women's care products, home healthcare products, and nursing care products in Japan and internationally. The company operates in four segments: Japan Business, China Business, Singapore Business, and Lansinoh Business.

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