SMC (OTCMKTS:SMCAY) Posts Earnings Results

Key Points

• SMC Corporation reported an earnings per share (EPS) of $0.19 for the quarter, which missed analysts' estimates of $0.22 by $0.03.
• The company has a market capitalization of $22.46 billion and shows a return on equity of 8.01% with a net margin of 19.69%.
• SMC's stock opened at $17.58 and has fluctuated between a one-year low of $14.30 and a high of $24.10.

SMC (OTCMKTS:SMCAY - Get Free Report) issued its earnings results on Friday. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.03), Zacks reports. SMC had a return on equity of 8.01% and a net margin of 19.69%. The firm had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $202.86 billion.

SMC Stock Performance

Shares of OTCMKTS:SMCAY traded down $0.69 during trading on Friday, reaching $16.89. 277,898 shares of the stock were exchanged, compared to its average volume of 303,709. SMC has a 12-month low of $14.30 and a 12-month high of $24.10. The firm has a market cap of $21.58 billion, a price-to-earnings ratio of 22.52, a price-to-earnings-growth ratio of 2.72 and a beta of 1.00. The firm's 50-day moving average price is $17.76 and its 200 day moving average price is $17.83.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.