Sharp (OTCMKTS:SHCAY) Releases Quarterly Earnings Results, Hits Expectations

Sharp (OTCMKTS:SHCAY - Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.03 EPS for the quarter, hitting analysts' consensus estimates of $0.03, Zacks reports. Sharp had a negative return on equity of 17.10% and a negative net margin of 7.12%. The company had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $3.72 billion. Sharp updated its FY 2025 guidance to EPS.

Sharp Stock Performance

Shares of OTCMKTS SHCAY traded up $0.00 during trading hours on Friday, hitting $1.29. 3,156 shares of the company's stock were exchanged, compared to its average volume of 4,968. Sharp has a 1-year low of $1.20 and a 1-year high of $1.74. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.21 and a quick ratio of 0.88. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of -3.23 and a beta of 0.76. The company's 50-day moving average price is $1.42 and its 200-day moving average price is $1.48.

Sharp Company Profile

Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc.